The move comes under the directives of the political leadership to boost the industrial sector and deepen local content.
The ministry stated that the fully-equipped,
ready-to-deliver units, complete with utilities and services, are being offered
to serious entrepreneurs via the "Egypt Industrial Digital Platform"
from October 6 to 20.
The units feature varied sizes, ranging from 48 sqm to 792
sqm, to meet diverse industrial needs and provide small investors and
entrepreneurs with a ready-made factory.
The offered units cover a range of sectors, including engineering,
chemical, food, spinning and weaving, furnishings, ready-made garments,
metallic, plastic, and pharmaceutical industries.
The announcement includes a package of significant
incentives for applicants, such as:
Access to low-interest financing (5% declining), with
facilities covering up to 100% of the unit's value for those offered under the
ownership system, in cooperation with several banks.
A nine-month deferral of rent payment from the date of unit
handover for those opting for the rental system.
Cancellation of standard costs for reviewing applications
and submitting offers.
A reduction in the price of the terms and conditions booklet to only 500 EGP (approximately $16 USD).