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Ebeid to receive study from GAFI on setting up free zone in Toshka
Egypt, Economics, 8/8/2002
Establishing an agriculture free zone in Toshka is the subject of the latest report, by the General Authority for Investment and Free Zones (GAFI)
ΚΚΚ The report, which is to be submitted to Prime Minister Atef Ebeid, outlines means of raising agricultural exports while takings advantage of GAFI concessions.
ΚΚΚ During a follow-up meeting on free zones, GAFI chief Mohamed El-Ghamrawi announced a petroleum storage facility and an oil refinery on the GAFI system.
ΚΚΚ The project will be financed by paid-up capital of $ 3 million and construction is expected to cost $ 8 million.
Previous Stories:
No privatization of public utilities
(8/6/2002)
PM: No collective settlement to bank clients' problems
(8/5/2002)
National Investment Bank loan of LE 275 million for 20 silos
(8/3/2002)
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