It also discusses another topic on practical mechanisms and ways to address the crisis of the financing gap and solve the problems of importers, and mechanisms to stimulate the industrial sector
The Egyptian Economic Conference kicked off its final day with a special session titled "A roadmap for developing the industrial sector: challenges and mechanisms to stimulate the sector."
The session centers on several axes, with a focus on tackling the challenges facing the industrial sector in Egypt, and the financing gap as one of the challenges facing the industrial sector.
It also discusses another topic on practical mechanisms and ways to address the crisis of the financing gap and solve the problems of importers, and mechanisms to stimulate the industrial sector.
The session’s main objectives are to introduce the packages of facilitation and measures taken by the state to support Egyptian investors, manufacturers and exporters in all sectors, and to work with business communities to maximize their benefits and to submit proposals for their development.
Starting off the conference’s last day, the session also aims to highlight the state's efforts to create an attractive and guarantor of business environment for foreign and local investments, support and encourage research and development and innovative industrial designs, in addition to developing and raising the capabilities of the human element (technical labor, engineers, administrative skills), infrastructure development, smart cities and the logistics sector.
Additionally, it aims to identify the causes of the financing gap and its sources of financing, mechanisms for solving importers' problems, discuss practical ways to enhance foreign exchange earnings, and reach a roadmap for the development of the industrial sector.
The Egyptian Economic Conference 2022 kicked off on Sunday at Al-Massa Hotel in the New Administrative Capital to discuss the situation and future of Egypt’s economy amid consecutive economic crises across the world.
