Food, agricultural, engineering and metallurgical industries … and the contract with the usufruct licensing system for a period of 15 years, renewable
Dr. Mustafa Madbouly, Prime Minister, held a meeting with Counselor Mohamed Abdel Wahab, Executive President of the General Authority for Investment and Free Zones, to follow up the commission’s second phase of fully finished industrial units and facilities in investment areas in the cities of Benha and Mitt Ghamr.
The Prime Minister praised the efforts made by the General Authority for Investment and Free Zones to offer investment opportunities to those who wish to take advantage of them, in a manner that achieves benefit from those opportunities and pushes towards implementing various industrial projects that provide job opportunities and meet development requirements in the various governorates of Egypt.
The chief executive of the authority stated that with regard to the investment zone in the city of Benha, it will include agricultural, food and complementary industries, with available areas between 240 and 360 square meters, and the investment area in Mit Ghamr city, will include metal, engineering and other industries, with available areas starting from 144 square meters. , And up to 576 square meters.
On the procedures and conditions for applying to invest the opportunities available in those areas, Abdel-Wahab indicated that the brochures of the conditions and specifications and requests for reserving units will be available at the headquarters of the authority in the embassies neighborhood in Nasr City in Cairo, the headquarters of the investment zone in the city of Benha, and the headquarters of the investment zone in the city of Mit Ghamr, as well as For the website www.investinegypt.gov.eg.
He said that those wishing to book more than one industrial unit, according to the declared areas, will be able to make the comparison according to the competitive points outlined in the terms and conditions brochure, pointing out that the contract in the investment zone in the city of Benha, or the investment zone in the city of Mit Ghamr, will take place under the licensing system for a period of 15 years. It is renewable, according to the requirements mentioned in the terms of reference.
Abdel-Wahab explained that the announcement will be valid for a month from February 14 to March 15, 2021, and to complete the procedures for offering the first phase, calling on applicants for reservation requests in the first phase to observe several controls. First, the concerned parties must submit requests on the forms prepared for this purpose, in order to obtain the facilities established for the second phase launch process, provided that this is during the validity period of this announcement.
He pointed out that with regard to the projects that have previously submitted requests to reserve units within the investment areas mentioned in the announcement of the first phase offering, and which have not been decided upon or a decision for allocation has been issued for them, the stakeholders will also have to submit requests on the forms prepared for this purpose for the same units previously submitted. To reserve it in the first phase, in order to obtain the facilities established for the process of offering the second phase, provided that this is during the period of validity of this announcement, and those projects may submit requests to reserve other units in addition to the previous units to apply for reservation in the first phase, provided that this is in accordance with the conditions And the procedures set for launching the second phase.
The article The government is offering fully-finished industrial units in investment areas in Benha and Mitt Ghamr, written in the Al-Borsa newspaper.