President Abdel Fattah al-Sisi said a new 200-million-square-meter industrial zone is currently being built in Ain-al Sokhna, stressing the need to implement similar projects so as to attract investors to pump foreign currency into Egypt. The president's remarks came during the afternoon session of the third National Youth Conference held in Ismailia governorate, in north-east Egypt, which was on the subject of "prospects for sustainable development in the transport and housing sectors, and the development prospects of the Suez Canal axis." He added that all the development projects being implemented throughout the country aim to improve Egyptians’ standard of living, as well as provide job opportunities for the younger generation. The conference is being attended by 1,200 young people from Suez, Port Said, Ismailia, North and South Sinai governorates, in addition to 200 young people representing the ministries of higher education and youth and sports. Young people representing the Presidential Leadership Program, as well as several ministers, parliamentarians and public figures will also attend the event.

Source: Egypt Independent April 26, 2017 14:48 UTC