Member of the Egyptian Industries Union, Mervat El-Husseiny, emphasized that developing Egypt's old industrial zones requires a comprehensive vision and integrated strategy. These zones, numbering over 27, hold significant investments, machinery, and equipment, representing a substantial industrial wealth. El-Husseiny highlighted that reviving these areas necessitates creating subsidiary plans based on thorough studies of each zone's needs and engaging with manufacturers and investors to identify challenges.
El-Husseiny stressed that upgrading infrastructure is a top priority for revitalizing old industrial zones. Improving roads, utilities, electricity supplies, and basic services can alleviate burdens on factories, help them regain production capacity, and enhance competitiveness. She cited the Abu Rawash industrial zone as an example, which has a strategic location but faces issues with roads, insurance, and civil protection, and lacks training centers.
Addressing these challenges requires collaboration and coordination among governorates, the Industrial Development Authority, and the private sector, with involvement from investors and manufacturers in implementing the vision. This approach can contribute to developing old industrial zones and supporting Egypt's industry. The Egyptian Radio and Television Union broadcasts the program "Economic Papers" on the Nile News channel.
On the same day, Dr. Mona Amer, a professor of civil law and international commercial arbitration, stated that a country's progress is measured by its seriousness in applying the law without discrimination. The discussion took place on the "World Tomorrow" program. Meanwhile, President Abdel Fattah El-Sisi's tour provides an opportunity to localize the Asian model, according to the President of Menoufia University.
In related news, a coalition of five banks and CI Capital is working to restructure distressed factories. Additionally, 10 individuals were arrested for exploiting 10 juvenile children in begging activities. Inter Miami won against DC United with a score of 4-1 in the American League.
Dr. Amal Abd El-Sttar, a professor at the Faculty of Medicine and director of the Community Services Center at Tanta University, emphasized that pre-marital medical check-ups are essential for promoting family stability. The Egyptian national team, led by Mohamed Salah, continues to make history in the football world.
The Egyptian government is taking steps to enhance the business climate, with the Minister of Industry and Trade focusing on developing the industrial sector. The government's efforts aim to increase production, improve quality, and reduce imports.
Key points
- Developing Egypt's old industrial zones is crucial for revitalizing the country's industry.
- Upgrading infrastructure in these zones can help alleviate burdens on factories and enhance competitiveness.
- Collaboration among stakeholders, including investors and manufacturers, is necessary for successful development.
