Prime Minister Sherif Ismail on Thursday issued a decree no. 1788/2017 on establishing the Golden Triangle Economic Zone as an independent public authority.
As per the decision, the Safaga-based zone will be under the supervision of the premier.
The cabinet has earlier pointed out that the zone will include setting up a variety of economic and developmental activities in industrial, mining, agricultural development and tourism sectors. 
As well, projects aiming at upgrading facilities, infrastructure and road development will be also established in the Golden Triangle Economic Zone.

Source: Mena