The government has allocated new industrial land plots for investors in the southern city of Sohag as part of efforts aiming to boost development in Upper Egypt, Invest-Gate reports.

According to a statement released by the Egyptian Ministry of Trade and Industry, the allocation aims to encourage investors to immediately begin implementing their projects in Upper Egypt and to create job opportunities for communities in the south as well as achieve sustainable development.

The government had earlier offered 68 land plots for investors to carry out industrial projects that would create 1,000 job opportunities for young people and inject projected investments worth EGP 200 mn.