He said,“We are keen to meet the needs of the Egyptian market for everything and all products, not only in the industry, so the local component must be constantly increased in products.”He also announced that the state will establish industrial facilities to support the industry, on condition that the factory bears the cost of machinery. He clarified that the goal of establishing these industrial clusters is not to share the investor's profit but to provide all the requirements for him to start his project immediately and create new job opportunities. He said that the reclaimed land, which was encroached upon, and whose size is estimated at millions of meters, can be coordinated by the government to re-allocate it to investors who wish to expand with small and medium-sized factories. The president called on the Federation of Egyptian Industries to be a bridge between companies, investors, and those who wish to enter into that system, so that time and effort are saved for the investor. He stressed that what the state will do in this framework will be different.
