During the session, approval was granted for a new initiative under the private free zone system: Alstom Railways Components Manufacturing S.A.E. The project aims to build an industrial complex in the Borg El Arab logistics and industrial zone.
The approved projects include the addition of a 500-megawatt solar power capacity upon completion of the ongoing Abydos Solar Energy project, which is currently underway with a capacity of 500 megawatts.
These positive outcomes have also extended to retail stores, where strategic goods experienced notable decreases ranging from 4.2% to 25.1%.
They offered the industrial complexes with a package of incentives.
This endorsement precedes the submission of the budget to the House of Representatives by the constitutional deadline at this month's end.
