qabeel confirms egyptian government provides 6000 jobs
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Interview with Arabs Today

Qabeel confirms Egyptian government provides 6,000 jobs

Egypt Today, egypt today

Egypt Today, egypt today Qabeel confirms Egyptian government provides 6,000 jobs

Egyptian Minister of Industry and Trade Tariq Qabeel
Cairo - Akram Ali

Egyptian Minister of Industry and Trade Tariq Qabeel revealed that the Egyptian government gave final approvals for 207 projects during the month of February at an investment cost of 4 billion dollars and provides more than 6,000 jobs. 

According to Qabeel, the ministry is seeking to establish nine central regional offices to cover Egypt's provinces, and to deal with investors directly, to comply with applications, and to grant the necessary licenses, without the need for the investor to visit the headquarters of the Investment Authority in Cairo.

Qabeel added, in exclusive statements for Arabs Today, that the investment map is being finalized in Egypt's proviences before next August, and the map will strengthen the internal and external projects as well as focusing on promoting projects in Upper Egypt.

Regarding the prices of lands and its impact on investment,  the Minister of Industry stressed that he hopes to give investors land at the appropriate prices for the industry, not in the form of trade. He said that the establishment of factories and projects will provide Egypt with many job opportunities and foreign currency, pointing out that the ministry is in the process of establishing a public body for industrial development, and will be among its tasks pricing land at an industrial price, not commercial.

Regarding the 1000 factory issue, and the desire of the owners to obtain additional time, Qabeel explained that he was awarded the owners of these defaulters factories, a chance 6 additional months, to start building factories, before withdrawing land from them, after the cabinet granted them a full year, since December 2015.

"There are many requests that come to the ministry need industrial places for people who are really serious, while there are no industrial lands," he said. Therefore, the ministry will not allow untapped land, the minister stated.

Qabeel confirmed the number of industrial land that was launched during 2016, reached 11 million cubic meters, which is more than the area that has been launched since the past seven years, which amounted to 9.5, which means that there is a high demand for industrial land, and must be exploited to increase investments.

On the volume of Arab investments in Egypt during the current period, Qabeel stressed that the volume of investments is very small and that the Egyptian government is seeking to rectify this situation as soon as possible.

The Minister of Industry stressed that Egyptian exports have witnessed an increase during the last period of 2 million dollars, and industrial growth exceeded 40% in the last 4 months, last year.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

qabeel confirms egyptian government provides 6000 jobs qabeel confirms egyptian government provides 6000 jobs



GMT 21:06 2017 Monday ,01 May

Will Smith at all-star Jazz Day in Cuba

GMT 06:25 2017 Monday ,27 November

Bali raises volcano alert to highest level

GMT 12:45 2018 Monday ,26 November

Israeli forces close entrance of village in Ramallah

GMT 12:14 2018 Monday ,08 October

HM King congratulates Ugandan President

GMT 13:49 2017 Thursday ,17 August

Alibaba posts 94% surge in quarterly profit

GMT 08:47 2017 Saturday ,10 June

CDD responds to 236 various incidents

GMT 00:31 2015 Saturday ,16 May

Canada plans 30% CO2 emissions cut by 2030

GMT 03:31 2017 Wednesday ,22 February

‘Man-made’ climate change a major woman’s problem

GMT 10:42 2017 Thursday ,16 November

Algeria FM leaves Cairo following tripartite meeting

GMT 11:08 2017 Tuesday ,03 October

Moscow, Riyadh willing to boost cooperation

GMT 08:40 2017 Thursday ,31 August

Bahrain Bourse daily trading performance

GMT 18:23 2017 Wednesday ,29 March

Ghazali's ALTARSHEED

GMT 08:22 2012 Wednesday ,04 July

Berenice Marlohe in racy shoot

GMT 15:47 2012 Friday ,20 January

2012 Honda Civic

GMT 10:37 2012 Friday ,13 July

2013 Ford Mustang

GMT 13:17 2011 Monday ,17 October

Hip hop stars to take centrestage at Yas Island

GMT 12:19 2017 Thursday ,27 July

Libya asks Italy to combat human trafficking

GMT 13:11 2017 Wednesday ,04 October

Jacques Dubochet (Switzerland), Joachim Frank (US)

GMT 12:26 2017 Thursday ,02 November

CAPRICORN (December22nd-January20th)

GMT 22:21 2017 Tuesday ,19 December

Haifa Wahby apologized for not receiving award

GMT 14:56 2017 Tuesday ,17 October

Palestinian cabinet decries Sinai terror attack
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday