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Investment Minister vows to clear hurdles for local industry

Businessmen Team news 17 January 2026 01:12 PM
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Investment Minister vows to clear hurdles for local industry

Investment and Foreign Trade Minister Engineer Hassan El-Khatib visited several industrial facilities in the Banha Investment Zone on Saturday, pledging government support to streamline production and boost exports.

Accompanied by Qalyubia Governor Engineer Ayman Atteya and GAFI CEO Mohamed El-Gawsaky, the Minister toured factories specializing in food processing and pharmaceuticals to monitor operations within the Nile Delta province.

EL-Khatib inspected production lines at the Al-Sawaf citrus packaging plant and the Al-Tahan facility for dates and agricultural crops. The visit underscored Egypt’s strategy to add value to its agricultural output before exporting to regional and international markets.

The Minister also inaugurated the Pharma Z factory, a new facility dedicated to nutritional supplements, and visited the Ghazi Land dairy plant. Khatib emphasized that the food and pharmaceutical sectors are cornerstones of national food security and vital drivers for job creation.

During the tour, El-Khatib held discussions with factory owners regarding operational challenges and bureaucratic hurdles. He reaffirmed the ministry's commitment to removing all obstacles for serious investors, aiming to increase production capacity and enhance the competitiveness of "Made in Egypt" products.

The Banha Investment Zone is part of a broader state initiative to decentralize industry and provide specialized clusters for small and medium-sized enterprises (SMEs) across Egypt’s governorates.