Establishing 6 commercial logistics zones with investments of LE 30 billion.

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Monday - 8 April 2019 - 11:54 AM

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The Internal Trade Development Authority of the Ministry of Supply and Internal Trade succeeded in attracting foreign investments from Emirates, France, and Greece.

 

 

The Authority announced the awarding of 6 commercial logistic zones in Fayoum, Monoufia, Sharkia, Luxor, Beheira and Dakahlia governorates to Investors with an investment value estimated at 30 billion pounds.

 

 

Dr. Ibrahim Ashmawi, First Assistant Minister of Supply for Investment and Head of the Internal Trade Development Authority, confirmed that it is the first time since establishing the Authority to award 6 investment opportunities in 6 governorates.

 

 

He explained that they are going to offer six new opportunities at the rest of the governorates, respectively, to provide 100,000 direct jobs and about 300,000 indirect jobs.

 

 

The first assistant minister followed that the logistical zones include establishing stores, wholesale and half-wholesale markets and major commercial areas and activities of sorting, packaging, cooling, and freezing.