11 April 2014

Egypt: Supply Minister - New Industrial Citadel in Eastern Desert for Developing Trade Between Egypt, Africa

Supply Minister Khaled Hanafi announced that a new investment plan had been formulated for carrying out two giant projects for serving and developing internal trade and serving investment between Egypt and Africa.

The first project includes the establishment of a new industrial citadel via the establishing of industrial, commercial, economic, and metallurgical international center on the Red Sea coast to serve Egypt and Africa.

The Minister said that the second project aims at developing internal trade via the establishment of regional, housing and environment service center on an area of 4,353 feddans in Suhag.

This came during his meeting with the board of the Internal Trade Development Authority ITDA.

On the other hand, Hanafi said that the new bread-distributing system- that would be applied next Sunday- enables the delivery of subsidized bread to homes.

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