Egypt’s President Abdel Fattah El Sisi asserted the State is supporting investors and encouraging them to lure more investments.
“The State is ready for helping the investors through reducing the cost of projects and providing all facilities,” added Sisi.
The president’s remarks came in comments on the executive situation of the National Initiative for Developing Egyptian Industry (Ebda, or “Start” in English).
That came on the sidelines of the inauguration of the second edition of the annual International Manufacturing Convention and Exhibition (IMCE) on Saturday.
Sisi said the State established 15 industrial complexes at the behest of the Trade and Industry Ministry to save efforts and time for the investors.
The establishment of these complexes is aiming to provide all requirements for the investors and helping them kick-start their projects and offer new job opportunities, added the president.