11 July 2012

Egypt: Eissa - Government Seeks Settling Problems of Defaulting Plants

The government is seeking to settle the problems of defaulting plants, said Minister of Industry and Foreign Trade Mahmoud Eissa on Tuesday 10/7/2012.

Operating the stalled plants hitting 1570 in number, is on top of the ministry's priorities, he pointed out, adding that mechanisms for ending these problems include increasing Egyptian exports by at least 25-30 percent annually and extending more incentives to investors

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