Investment Zone
Madbouly toured Benha’s investment zone as Egypt pushes to support industry, investors, exports, and price stability.
The project will be developed on an area of around 13.13 feddans and will be designated for mixed-use development, including commercial, administrative, hotel, sports, entertainment, and logistics activities.
The request submitted by GV Investment Group to establish an investment zone called Tarboul was primarily approved by the Egyptian government.
The Emaar Investment Zone will provide 77,000 job opportunities.
These zones will include projects in the fields of logistics, nano and bio-technology, higher education, scientific research, and small and medium enterprises.
The zone will be dedicated to setting up an integrated city for furniture manufacturing that will include all related feeding industries.
General Authority for Investment and Free Zones (GAFI) approved Qaliubiya investment zone in August, 70 percent will be allocated to small and medium enterprises (SMEs).