Egypt's Minister of Trade and Industry reveals significant growth in the country's export sectors.
Prime Minister Madbouly tours Jotun's new paint factory, highlighting Egypt's strategic focus on industrial development and sustainability initiatives.
The Haier complex has total investments of $135 million in foreign direct investment, spans an area of 200,000 square meters, and encompasses six factories across two stages
The minister said that the Chamber wants to establish this zone in Egypt similar to the existing industrial zone in Bursa, which specializes in textiles, cars, aluminum, machinery, equipment, and advanced technologies.
This financial assistance comes with an interest rate capped at 11% over a duration of 5 years. Maait also stated that state’s public treasury bears more than 13 billion pounds annually in interest rate differences in loans to these sectors.
