A number of investors have applied for the establishment of 45 factories in Al-Boghdady industrial zone in Luxor, MENA reports.
“The governorate has received the investor’s documents, which are pending approval,” said Luxor’s General Secretary Hatem Zein ElAbdideen.
The proposed projects range from food and electricity segments to construction materials and solar energy, the General Secretary revealed.
“In an effort to lessen the burden on investors, those interested in investing are only required to head to the Investments Service Office, submit a copy of their IDs, as well as feasibility studies of their proposed projects, and fill in the Investments Authority form,” Zein ElAbideen said.
The Investments Service Office would be responsible for handling all the licensing and transferring files to the Investments Authority and Industrial Development Authority.