Prime Minister Mostafa Madbouly visited Dakahlia Governorate on Saturday, where he inspected the Mit Ghamr Investment Zone, affiliated with the General Authority for Investment and Free Zones (GAFI).
Minister of Investment and Foreign Trade Mohamed Farid, Dakahlia Governor Tarek Marzouk, and GAFI CEO Mohamed Awad, accompanied him.
During the tour, Madbouly said investment zones represent a successful model for supporting small and medium-sized enterprises (SMEs) and creating sustainable job opportunities for young people across governorates.
He reaffirmed the state’s commitment to fostering an investment-friendly climate, supporting local manufacturing and enhancing the competitiveness of Egyptian products in domestic and international markets.
He also directed the expansion of this model into new cities and governorates.
During the visit, Madbouly viewed a presentation on the 18-acre integrated industrial complex, which supports the engineering, electronics and metal industries.
The zone has achieved 100 per cent occupancy, with 107 industrial units, attracted investments exceeding LE500 million and created around 2,500 jobs.
A further 160 projects are on the waiting list.
The presentation also showcased companies operating in the zone, including Arab Copper Centre, which manufactures lighting fixtures; ELC, specialising in television screens; ULTRAKEM, producing detergents and disinfectants; I Lock, manufacturing electrical products and security solutions; Ready Wrong, assembling LED lighting; and Terra Tech, producing glass fibre-reinforced polymer (GFRP) rebar.
Minister Farid, for his part, described investment zones as a key instrument for localising economic development and strengthening domestic industrial production, noting that integrated industrial clusters attract investment and facilitate production and expansion.
