Industry Ministry launches second phase of Al-Robeky project

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Thu, 05 Oct 2017 - 09:27 GMT

BY

Thu, 05 Oct 2017 - 09:27 GMT

Leather Creative Commons via Wikimedia

Leather Creative Commons via Wikimedia

CAIRO – 5 October 2017: The first batch of land plots of the second phase of Egypt’s Al-Robeky industrial zone for leather tanneries launched Thursday, Minister of Industry and Foreign Trade Tarek Kabil announced.

In a statement issued by the Ministry Thursday, Kabil said the second phase is spread over 85,000 square meters, representing 30 percent of the project’s area.

Infrastructure works of the second phase have started in January and will finish by March 2018, the minister added.

The new industrial zone will relocate unorganized tanneries, currently located in the Magra El Oyoun neighborhood in Old Cairo, to a new purpose-built manufacturing area on the outskirts of the capital city.

With some leather tanneries already starting to move their equipment, the first was completed in June, including the launch of 10 factories.

The state will bear the cost of transferring tanneries.

In 2014, former interim President Adly Mansour approved the allocation of 389.6 acres in eastern Cairo for the benefit of the Ministry of Industry for an industrial zone for leather tanneries.

Then in 2015, the Industrial Development Authority (IDA) then allotted LE 330 million of its annual budgets for the Al-Robeky project.

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