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10:35 «City of stories»
10:35 «City of stories»
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«City of stories»

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Egypt
10.08.24 10:30
Society

New land allocation proposal in Egypt targets to create more jobs and attract investment from various sectors

Egyptian authorities are considering a new project to improve land management practices

A meeting between Nasser Fawzi, Director of Egypt's National Center for Planning State Land Use, and Mohamed El-Sewedy, president of the Federation of Egyptian Industries, examined land allocation proposals for industrial zones across the country. This is reported by Daily News Egypt, a partner of TV BRICS.

According to the presentation, a total of 43 plots of land will be allocated to 16 governorates across the country, including 12 locations in remote villages. While the distribution of these territories among the various governorates is currently being analyzed, the initiative aims to support Egypt's national industry, create new jobs and attract investment from numerous sectors.

The Egyptian National Center for Planning State Land Use carries out the strategic plan for the use of public areas and coordinates with other government bodies. All these actions are aimed at sustainable development and industrial growth in the country.

Photo: iStock

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