Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, confirmed that 37 percent of government investments in Egypt during the current fiscal year are directed to industrial development, infrastructure, and the promotion of industrial zones.
She stressed that industrial development is a top priority for the state in its plan to achieve economic development and increase net exports, noting "the need to strengthen the state's efforts to increase exports and achieve sustainable economic growth." She stressed "the need to maximize industrial development opportunities and increase investments, whether through concessional financing, technical support, as well as diagnostic reports and studies."
The industrial sector in Egypt receives great attention, as industry is one of the pillars of comprehensive development and a pillar of the national economy.
Source (Al-Khaleej Emirati Newspaper, Edited)
