Arab Finance: Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport announced the announcement Launching the Ministry of Industry, represented by the General Authority for Industrial Development The eighth phase of offering the attached industrial lands through the Misr Industrial Digital Platform via the industrial investment map on the first of next December, provided that the application window closes on the 8th of December. It includes 2,612 new plots on a total area of 15 million and 207 thousand square meters distributed among 37 industrial areas in 24 governorates across the Republic with various industrial activities.
This offering comes within the framework of the Ministry of Industry’s strategy to accelerate the pace of production, deepen local manufacturing, increase exports, and meet industrial investment needs for attached lands in a sustainable manner by quickly providing attached industrial lands to investors on an ongoing basis in response to the increasing demands for lands by offering new investment opportunities to encourage local industrial investment. And foreigners, by offering the attached lands every three months through the platform.
The Minister pointed out the importance of the Ministerial Group for Industrial Development for the industrial sector and unifying government efforts to implement the urgent plan to advance industry, and one of the most important fruits of this coordination and linkage between the relevant ministries is the availability of this amount of industrial land, the total area of which for this offering exceeded 15 million square meters of vacant land in its various jurisdictions. Likewise, the sustainability and regularity of the offering process every three months through a unified channel gives confidence to local and foreign investors in the system of procedures, their transparency, and the investment climate that… It was prepared by the government, and the Ministry also aims, through these periodic proposals, to localize the industry to achieve integration between local supply chains and integration into global supply chains in a way that contributes to bridging import gaps.
The minister explained that the proposed lands are distributed among the governorates of (Cairo, Giza, Alexandria, Menoufia, Sharkia, Ismailia, Suez, Port Said, Fayoum, Beheira, Qalyubia, Dakahlia, Gharbia, Kafr El-Sheikh, Marsa Matrouh, North Sinai, Beni Suef, Minya, and Assiut). , New Valley, Sohag, Qena, Luxor, Aswan) with various areas ranging from 120 square meters to 500 thousand square meters and various activities including (food, engineering, pharmaceutical, chemical, textile, and building materials), pointing out that the most important feature of this proposal is that it was decided to allow the investor to apply for two opportunities, one of which is primary and the other is alternative or backup, instead of applying for one opportunity. Just as was the case previously, in order to give applicants a greater opportunity to obtain lands to establish their industrial projects.
Adding that the application is done on the Misr Industrial Digital Platform by logging in and registering on the platform within a week from the date of announcing the offer, choosing the “Land Allocation” link, following the registration and application steps, then choosing the plot of land that one wishes to obtain, uploading the documents, and paying the fees according to the announced steps, The offered plots are also available under the ownership or usufruct systems, and the offering is done at the actual cost prices of the facilities in accordance with the directives of the Prime Minister, in order to facilitate investors and reduce their financial burdens, and in exchange for the right The annual benefit is 5% of the price of the ownership meter. It was also decided that for those who had previously applied for the previous offer with acceptable technical and financial studies and were not successful in obtaining the land, and did not recover the serious value of the reservation, they will be given relative priority for allocation in this offer.
The Industrial Development Authority continues to provide facilities and incentives to investors applying for land, the most important of which is reducing the costs of studying the application by 50%, completely exempting bid submission fees, canceling the financial guarantee, completely simplifying the required feasibility study and being satisfied with a simplified model of the project’s features, and reducing the seriousness of the reservation to become 10% of the declared value of the land price, as part of the Authority’s keenness to simplify procedures and reduce costs to facilitate investors.
All reservation procedures, withdrawing specifications and submitting the required documents will be done electronically during the period from December 1 to 8, through the website of the Egyptian Industrial Digital Platform (www.madein.eg) to enter on the map, in full coordination with the General Authority for Investment.
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