Ministry of Trade and Industry approves 226 new industrial projects with EGP 8bn investments
Tarek Kabil, Minister of Trade and Industry, announced on Thursday that 226 industrial projects have received approvals during the month of January, with total investments worth EGP 8bn, compared to 180 projects with total investments of EGP 3bn during the same period in 2016.
Moreover, the new projects are spread among different industrial sectors—71 are for the food manufacturing sector, 44 for chemical engineering, 33 for textiles, and the remaining projects are distributed among mining and pharmaceuticals.