Page 1 of 1

New Industrial projects

Posted: Wed Sep 23, 2015 11:02 am
by Brian Yare
"Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour said that the Industrial Development Authority (IDA) issued 91 final approvals for the implementation of new industrial projects within and outside industrial zones.

Abdel Nour added that the companies were established with an investment cost amounting to approximately EGP 1.857bn and have provided 5,765 jobs.

He noted that these projects included nine in the industrial sector, 27 in the chemical industries sector, 25 in the food industries sector, and 25 in the engineering industries sector. In addition, six projects were approved in the textile sector, four in the mining sector, two in the mineral industry sector and only one in the leather sector.

The minister said that the final approvals were distributed over various governorates; Sharqeya came first with25 projects, followed by Giza with 13 projects, Menufiya and Beni Suef with eight projects each, and Qaliubiya and Assiut with seven projects each.

“There are four projects that were approved in Cairo, four projects in Gharbiya, three projects in each of the governorates of Sohag, Minya and Beheira, two projects in Suez, and one project in the governorates of Alexandria, Port Said, Fayoum and Kafr El-Sheikh,” Abdel Nour said.

“Sixty-one investors have received approvals on expanding their industrial companies within and outside the industrial zones with investment of about EGP 9.692bn, including the food and textile, chemical, engineering, metal and mining sectors.”

In addition, 63 projects took priority and conditional approvals, including 52 priority projects that provide 4,819 jobs, as well as 11 conditional projects that provide 1,935 jobs.

The projects were distributed throughout 14 governorates; – Cairo, Giza, Sharqeya, Qaliubiya, Daqahleya, Sohag, Qena, Minya, Kafr El-Sheikh , Menufiya, Beheira, Assiut, Beni Suef and Ismailia."

http://www.dailynewsegypt.com/2015/08/1 ... -minister/

I see nothing here for Luxor, Aswan, New Valley or the Red Sea. :x

Re: New Industrial projects

Posted: Wed Sep 23, 2015 11:31 am
by carrie
Luxor doesn't need anything all those tourists, I get constantly told, will be back next month. :td

Re: New Industrial projects

Posted: Wed Sep 23, 2015 12:22 pm
by Bullet Magnet
Quote: I see nothing here for Luxor, Aswan, New Valley or the Red Sea. :x

Logistics Brian... Therein lies the answer.. :cg

Re: New Industrial projects

Posted: Thu Sep 24, 2015 3:03 am
by Dusak
We don't want any heavy industrial factories in Luxor. Ever walked past a tanning factory? Tried to breath within the area of a chemical producer? No thanks, not in my back yard. We only want nice, clean, non smelly pretty things here. Like myself for example. :up

Re: New Industrial projects

Posted: Thu Sep 24, 2015 9:14 am
by Brian Yare
Dusak wrote:We don't want any heavy industrial factories in Luxor. Ever walked past a tanning factory? Tried to breath within the area of a chemical producer? No thanks, not in my back yard. We only want nice, clean, non smelly pretty things here. Like myself for example. :up
In other words, NIMBY. No wonder unemployment is so high in Upper Egypt.

Re: New Industrial projects

Posted: Thu Sep 24, 2015 9:18 am
by Brian Yare
Bullet Magnet wrote:Quote: I see nothing here for Luxor, Aswan, New Valley or the Red Sea. :x

Logistics Brian... Therein lies the answer.. :cg
Logistics and infrastructure would have to be part of the industrial growth. But we have under-used airports, high-speed trains "coming soon", new roads between the Nile and the Red Sea, useful mining opportunities in the desert, sun-shine ...