The opportunities are across engineering products and supplies, chemicals, building materials, food, and pharmaceutical industries.
The Industrial Development Authority (IDA) announced 152 investment opportunities in the industrial sector today. These opportunities are across engineering products and supplies, chemicals, building materials, food, and pharmaceutical industries.
The authority said in a statement today that these investment opportunities could contribute to bridging a trade gap estimated at about $30 billion.
Chairman of IDA, Mohamed Abdel Karim, said these investment opportunities have been shared with relevant stakeholders such as commerce chambers, investment and business associations in order to promote these opportunities and start implementing them. The investment opportunities are now available online on IDA’s website.
IDA chairman added that the 152 investment opportunities coincided with the launch of the fifth phase of the industrial investment map for industrial lands. The authority launched the fifth phase of the electronic map for industrial investment, with an area of 1.7 million meters distributed over 14 governorates. IDA will offer 790 plots of land across the 14 governorates to local and foreign investors.
