الرئيسية / news / Tripartite meeting held on Upper Egypt industrial projects

Tripartite meeting held on Upper Egypt industrial projects

فريق رجال الأعمال news 01 May 2025 03:59 PM
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Tripartite meeting held on Upper Egypt industrial projects

An extensive meeting took place, led by Engineer Kamel El-Wazir, the Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, alongside Dr. Rania Al-Mashat, Minister of International Cooperation and Minister of Planning and Economic Development, and Dr. Manal Awad, Minister of Local Development. The session brought together the companies responsible for implementing utilities for industrial development projects within the World Bank-funded Local Development Program in Upper Egypt. The primary objective was to assess the current status of these projects.

Key attendees included Dr. Khaled Abdel-Aal, Governor of Qena, Major General Abdel-Fattah Serag, Governor of Sohag, Dr. Nahed Youssef, Head of the General Authority for Industrial Development, and Dr. Hisham El-Helbawy, Assistant Minister of Local Development for National Projects and Director of the Local Development Program in Upper Egypt. Leaders from the Ministries of Industry, Transport, Local Development, International Cooperation, and Planning and Economic Development also participated.

Engineer Kamel El-Wazir underscored the Ministry of Industry's commitment to the timely completion of this significant program. He emphasized its focus on the economic advancement of several Upper Egyptian regions. The program aims to cultivate an environment conducive to improved services and private sector-driven job creation, ultimately maximizing benefits for the residents of Qena and Sohag governorates. The industrial development aspect of the program involves providing utilities and constructing roads for four industrial zones: "Quft" and "Ho" in Qena, and "West Gerga" and "West Tahta" in Sohag, all under the purview of the Industrial Development Authority.

During the meeting, they reviewed the progress on the industrial development component's first phase. This included the installation of infrastructure networks (electricity, sewage, water, fire protection, communications, and gas) and the completion rates for utility works. Furthermore, the second phase's progress, encompassing road construction, landscaping, fence and gate installation, main distributor and cable laying, and the creation of service and administrative buildings were assessed.

The Minister urged all companies working on utility and road construction within the program's industrial zones to intensify their efforts immediately. This acceleration is crucial to finalize the provision of essential utilities, ensuring maximum benefits for industrial investors across these four key areas. He firmly assured the companies that the Ministries of Transport and Industry are fully prepared to provide comprehensive support, guaranteeing the timely completion of all program tasks, potentially even ahead of the established deadlines.

Minister El-Wazir further announced the upcoming advertisement in early June of vacant industrial plots on the Egypt Industrial Digital Platform. These plots are situated within the "Quft," "Ho," "West Gerga," and "West Tahta" industrial zones, and investors will be able to submit applications. Additionally, he directed the Industrial Development Authority to conduct a review of land and industrial units in these zones that have already received operating licenses but have not yet shown serious intent through industrial registry acquisition or technical inspection. This review may lead to the cancellation of their current allocation and a subsequent re-offering to committed industrial investors.

Dr. Rania Al-Mashat emphasized the substantial progress of the Egyptian government and World Bank's collaborative Local Development Program in Upper Egypt, particularly since the Ministerial Coordination Committee's formation. She highlighted the program's effective execution and numerous accomplishments, projecting its completion by October of this year.

Furthermore, she underscored the critical role of on-site monitoring in tracking the program's advancements, noting its recognition by the United Nations as a best practice for achieving the 2030 Sustainable Development Goals. She reiterated the Ministry's dedication to enhancing oversight of development partner-funded projects through regular meetings, quarterly progress reports, and an electronic monitoring system, all designed to optimize the use of concessional development financing.

Dr. Manal Awad noted the rising completion rates of utilities in the four industrial zones in Qena and Sohag. This progress, achieved through collaboration between the Ministry of Industry and the Industrial Development Authority, supports the government's strategy to boost the competitiveness and efficiency of these zones to attract more investment, despite previous obstacles.