Minister of Industry and Trade Tareq Kabil - File photo
SADAT CITY- 26 August 2017: Minister of Trade and Industry Tarek Kabil said that the ministry will put out to tender three industrial complexes in 10th of Ramadan city within the coming two months.
In statements to MENA on Saturday, he said the complexes will be licensed.
Kabil said that the ministry's initiative is meant to give momentum to local industry.
He pointed out that 2.4 million meters of lands in Sadat City were handed over to 21 investors on Saturday.
He added that two million meters of lands in Sadat City will be put out to tender next month.
The Sadat complex - which groups 300 factories - will be finalized within the two months and half, he said, noting that all factories will be ready for operation before one year.
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