07:18 PM
Sunday, January 22, 2023
Books – Moataz Abbas:
Engineer Alaa Al-Saqati, head of the Federation of Small and Medium Enterprises Investors, said that industry is the origin of production, because it increases the added value of things.
Al-Saqati added, during a phone call to the “Tahrir Hall” program, broadcast on “Sada Al-Balad” channel, today, Sunday, that the state is working to build industrial zones qualified to attract investment, stressing that energy is the first step required to start investing, and it is the first thing the investor asks. about availability and prices.
He explained that trade and import are easier, but it will be difficult and more expensive in the future, and therefore local production is necessary, adding that there are 87 industrial zones in Egypt, all of which have access to roads and energy.
He stressed that the price of energy in Egypt is one-third of the price abroad, which is a stimulus and an attraction for investment.
(embed)https://www.youtube.com/watch?v=4EK_8eTY4i0(/embed)
