Egypt proposes an industrial project for building materials with 4 thousand square meters in Alexandria

The Egyptian government is preparing to launch an ambitious new industrial project specialized in manufacturing building materials in Alexandria Governorate, as part of its strategy to attract local and international investments. This project is part of the country's drive to promote high value-added productive sectors and support sustainable economic growth. The proposed project is located on a 4,000 square meter vacant plot of land in the promising Abu Qir Industrial Area, which It is receiving increasing interest from investors in the industrial sector. The offered land is characterized by the availability of all basic facilities and services necessary for the success of the project. The General Authority for Investment and Free Zones announced that the project is offered by the usufruct system within the framework of public-private partnership. The site is located within the walls of the 10th Military Factory under the supervision of the National Organization for Military Production in coordination with the Ministry of Military Production. This project is part of a package Wider than the new investment opportunities revealed by the Authority, and includes diverse vital sectors such as tourism, agriculture, industry and petrochemicals. This initiative aims to diversify economic activities and enhance the role of investment in driving growth rates. The Authority confirmed that this step reflects the strategic direction of the State towards expanding the base of investments and providing diversified projects in line with the expansion plans of investors, which contributes to creating new job opportunities and increasing The added value of the national economy. It invited interested investors to view the details and apply through the official website of the Authority in accordance with the approved procedures.