Egypt

PM: State has no choice but to focus on industry

The State has no other option during the upcoming period other than focusing on the industrial sector through providing incentives and facilitating any obstacles facing the investors, affirmed Prime Minister Mostafa Madbouly.

Madbouly’s remarks were made following handing over several housing units’ contracts to their would-be residents in “Hadayek October” as part of the presidential initiative “Housing for All Egyptians”.

Madbouly, meanwhile, said that he will tour all Egyptian governorates within the upcoming period to follow up on the development projects, which are being implemented by the State, and to encourage the private sector to carry out more projects, especially in the manufacturing sector.

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