Sisi instructs launching portal for industrial investment map in Sept

CAIRO – 16 August 2019: Egyptian President Abdel Fattah al-Sisi has instructed launching a government portal for the unified industrial investment map in September this year, presidential spokesman Bassam Radi said.

This came during a meeting with Prime Minister Mostafa Madbouli; Minister of Trade and Industry Amr Nassar; Head of the Micro, Small and Medium Enterprises Development Agency (MSMEDA) Nevin Game'; and Head of the National Center for Planning State Land Uses Nasser Fawzi.

The meeting aimed at following up the new system for the allocation of industrial land nationwide, Radi said.

The meeting dealt with the national work strategy and the future vision adopted by the State with a view to developing the industrial sector.

It also discussed ways to overcome the obstacles faced by industrial investors, according to Radi.

Earlier in August, Qena Governor Abdel Hamid el Haggan said MSMEDA had funded 588 micro and small-scale projects in July at a cost of EGP 10.216 million, MENA reported.

This came as part of the governorate's efforts, in cooperation with the MSMEDA, to help young graduates start their own business and find their path to entrepreneurship, Haggan added.

The governorate accords a special priority to micro and small-sized enterprises due to their significant role in pushing forward the development process, boosting production and curbing unemployment among the governorate's youth, Haggan noted.