This new industrial land includes various areas and activities, as part of the tenth industrial land offering. This offering meets the growing investment demand for industrial land and localizes local industry to accelerate production and increase exports.
This offering comes in light of President Abdel Fattah El-Sisi's directives to implement a comprehensive national plan to advance Egypt's industrial sector, provide the necessary land for industrial investment, establish more serious industrial projects, and enhance the role of industrial investment in driving economic growth and job creation.
The Ministry of Industry, in implementation of the directives of Lieutenant General Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, is committed to offering the attached industrial land plots periodically every three months through a unified channel, the Egypt Industrial Digital Platform, in a sustainable manner. This is to ensure the rapid provision of ready and favorable investment opportunities, with complete transparency, for serious industrial investors, both local and foreign.
Through these successive offerings, the Ministry aims to deepen local industry to achieve integration between local supply chains and integration into global supply chains. This will contribute to bridging market and export gaps and increasing the added value of national products. This is a true reflection of the national development vision, which aims to advance industrial development as one of the cornerstones of the Egyptian economy and a tool for creating sustainable job opportunities. It also highlights the state's ability to create a conducive environment for industrial expansion and regional and international competitiveness.
The offering includes 169 plots were offered in New Fayoum City and 9 plots in Kom Oshim in Fayoum Governorate. 148 plots were offered in Housh Eissa City and 140 plots in Wadi El Natrun City in Beheira Governorate, and 110 plots were offered in Qantara East City in Ismailia Governorate.
In Sohag Governorate, 165 plots were offered in New Akhmem City, 126 plots in Ahaywa East City, 11 plots in Kawthar City, 18 plots in West Girga City, and 18 plots in West Tahta City. In Qena Governorate, 192 plots were offered in Nag Hammadi City and 130 plots in Qift City.
The offering also includes 16 plots were also offered in Al-Mathara City in Minya Governorate, as well as 11 plots in Dashlot City, 79 plots in New Assiut City in Assiut Governorate, 13 plots in the South Raswa Extension, 10 plots south of Port Said (Raswa) in Port Said Governorate, 52 plots in Bir al-Abd area in North Sinai Governorate, 36 plots were offered in New Toshka City in Aswan Governorate, 20 plots in Al-Alaqi area, one plot in Kom Ombo City, one plot in Qawisna, 47 plots in Sadat City in Menoufia Governorate, 13 plots were offered in New Alamein City in Matrouh Governorate, 3 plots in Gamasa City in Dakahlia Governorate, 4 plots in Mahalla El-Kubra City in Gharbia Governorate, 5 plots in Metoubes City in Kafr El-Sheikh Governorate, in addition to 4 plots in Al-Baghdadi area in Luxor Governorate, 125 plots in New Thebes City in Luxor Governorate, one plot in each of Katameya City in Cairo Governorate, and 10th of Ramadan City in Sharqia Governorate. In New Beni Suef City in Beni Suef Governorate, three plots were offered in Dakhla City and 118 plots in Kharga City in New Valley Governorate.
The plots were offered under ownership or usufruct schemes, and were offered at the actual cost of utilities, in accordance with the Prime Minister's directives, to facilitate transactions and alleviate financial burdens for investors. It was also decided that the annual usufruct fee will be 5% of the price per square meter of ownership. Investors will continue to be able to apply for two opportunities, one primary and the other alternative or reserve, instead of applying for just one opportunity as was previously the case. This will provide a greater opportunity for applicants for land to establish their industrial projects.