« Back to News

Egypt has 152 investment opportunities in industrial sector that could bridge $20bln trade deficit: IDA

Head of Industrial Development Authority (IDA), Mohamed Abdel-Karim, has stated that there are 152 promising investment opportunities in the industrial sector that could bridge the country’s trade deficit estimated at $20bn.

During a meeting held in the Alexandria Business Association to discuss the Authority’s plans to achieve sustainable industrial development and to present facilities and achievements made to serve the industrial community.

Abdel-Karim presented the steps taken by the IDA during the last period, explaining that the authority conducted studies to monitor the most important internal and external obstacles and challenges that it has long faced for decades. Besides, monitoring observations of customers dealing with the Authority and business community on its performance to know the causes of these problems and develop solutions.

Link: https://www.zawya.com/en/wealth/alternative-investments/egypt-has-152-investment-opportunities-in-industrial-sector-that-could-bridge-20bln-trade-deficit-ida-wj7gsy2m

® JIAC 2017 – C.F. 97866940584 - Credits