Giza to Offer Land for Investment in New Industrial Areas

Giza to Offer Land for Investment in New Industrial Areas

New lands will be offered to investors in the industrial areas of Al Ayat, Al Saf, and other areas on the desert road in Giza, according to Governor of Giza Kamal Al Daly, reported Al Mal News.

Procedures and plans for the investment opportunities are being finalized, as the governorate’s current budget for the fiscal year 2016/2017amounts to EGP 280 million. However, he noted that the budget is insufficient for the development plans in the governorate, which include plans for roads, facilities and neighborhoods.

The plans moreover include developing an underground metro line that will extend to the Haram area, which is expected to be finalized by next year. Moreover, the plans to develop streets and roads within several neighborhoods will be finalized within this month.

Al Daly added that procedures are being discussed and thoroughly studied to provide potential investment opportunities, aiming to push Giza forward and meet the demand of growing investors in the area, along with providing  job opportunities.

Fatma Khaled 379 Posts

An aspiring journalist always seeking to deliver the best of everyday's news. I am a very enthusiastic Egyptian who is committed to journalism and what I could give as a journalist/ writer through reporting on business and political news.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register