PM says State pays great attention to stimulating investment climate

CAIRO, Oct 10 (MENA) – Prime Minister Mostafa Madbouly said the State pays great attention to stimulating the investment climate, removing all obstacles to investments and providing the basic infrastructure for industrial purposes.

Madbouly made the remarks during his meeting on Tuesday with Housing Minister Assem al-Gazaar, Industry and Trade Minister Ahmed Samir, Suez Governor Abdel-Meguid Saqr and Nahed Youssef, the acting chairperson of the Industrial Development Authority (IDA), to follow up on the progress made in designating industrial lands in Attaka area in Suez.

Cabinet spokesman Sameh el Kheshen said the meeting reviewed proposals on how to make the best use of industrial lands in Attaka area, including a proposal to grant incentives for factories seeking to establish industries needed by the country. (MENA)

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