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Egypt: Sahar Nasr Witnesses Inking of Investment Project in Dabaa
Source: www.export-egypt.com 1/29/2018

Investment Minister Sahar Nasr and Minister of Local Development Abu Bakr el Gendi witnessed the inking of an agreement to establish an investment project in Mersa Matrouh.

Under the deal, Mersa Matrouh city hall would allocate 2.14 million square meters of land in el Ghazala village in Dabaa for Madar company to establish an integrated investment project worth 10 billion pounds.

Implementation of the project should start within six months.

Nasr said the project is the biggest since the endorsement of the new investment law.

She added that her Ministry is working to provide grants to the different governorates to contribute to upgrading the infrastructure.



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