Sisi orders launching portal of industrial investment map in September

President Abdel Fattah El Sisi directed on Thursday 15/08/2019 directed officials to launch a government portal for the unified industrial investment map in September.

Sisi gave the directives during a meeting with Prime Minister Moustafa Madbouli in the presence of Trade and Industry Minister Amr Nassar and heads of the Micro, Small & Medium Enterprise Development Agency and the National Land Use Planning Center.

The meeting focused on the new mechanism regulating industrial lands across the country, Presidential Spokesman Bassam Radi said.

The meeting also tackled future visions adopted by the State to develop industrial sector.

Presidential Spokesman Bassam Radi said Sisi urged paying more attention to developing micro, small and medium enterprises to provide more jobs and boost economic and social safety networks.

The President also called for setting up more integrated industrial cities to boost industry.

Prime Minister Moustafa Madbouli updated Sisi on efforts exerted by the government to remove hurdles facing industrial investors and the outcome of the coordinating council for industrial areas.

Talks also tackled the new mechanism regulating industrial areas across the nation and their prices in a way that will help develop national industry and increase exports.

Trade and Industry Minister Amr Nassar briefed Sisi on efforts to promote micro, small and medium industries which are considered the locomotive of economic development in the country.

Source: State Information Service Egypt