Egyptian Prime Minister Mostafa Madbouly assured that the government is working hard to attract more investments and support the private sector’s role as a pivotal partner in various development processes, by creating an investment climate in various sectors and expanding the establishment of free zones. This came during Madbouly’s inspection of the investment zone Pyramids for Industrial Zones Development and several factories in the free zones of the Tenth of Ramadan City on Saturday. Madbouly’s inspection tour began with a visit to the factory of the Badawy Group Company for Food Industries. The visit later stopped over at a factory belonging to Al-Arafa Company for Investments and Consultations. It also uses Egyptian fabrics to manufacture suits in the equipment factories, and the group achieves annual sales of about $250 million, he added.


Source:   Egypt Independent
April 25, 2022 02:56 UTC