Industrial Development Authority
The IDA will offer 790 plots of land across 14 governorates to local and foreign investors.
Around 85 IDA employees, as well as workers from the New Urban Communities Authority attended the training program.
The meeting was attended by Chargé d'affaires at the Indian Embassy here Vinod Bahade.
The Industrial Development Authority will start offering industrial permits and industrial records electronically through its various branches by mid march.
In the glamorous bt100 Awards ceremony organized by Business Today magazine, Chairman of the Industrial Development Authority IDA), Ahmed Abdel Razik, was awarded for his contribution to the growth of the Egyptian economy.
The IDA launched last week a monitoring campaign on 10,000 factories.
The contract will be signed with the Industrial Development Authority soon.
The IDA was scheduled to launch six million square meters of land plots to investors by the end of 2017.
The IDA was scheduled to launch six million square meters of land plots to investors by the end of 2017.
The investment map includes 4,136 opportunities in eight sectors.
A wrap-up for the most prominent business news of the day.
Egypt has opened 2085 new factories since 2016 with the total investments value at LE 58 billion.
Chairman of the Industrial Development Authority Ahmed Abdel Razek on Wednesday said that the EU is a key supporter to Egypt’s reform strategy.
The IDA completed the construction of more than 850 factories, part of the “1,000 factory project” in New Cairo.
Oracle Solution Center (OSC) has won a bid to automate offices of the Industrial Development Authority.
Kabil said Tuesday that the cooperation with Singapore Holding Company aims to benefit from its expertise in establishing and managing the industrial cities.
Around 4 million square meter will be in the 10th of Ramadan City, while 2 million will be in Sadat City.
The Industrial Development Authority (IDA) is planning to issue a global tender soon for the automation of its services and facilities.
Under the new law, the industrial licenses will be given in less than a week, but the risky industries will get permits in less than 30 days.
The projects shall be in food, engineering, chemicals, textile and pharmaceutical sectors.
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