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Technology Valley soon - PM
Egypt, Economics, 10/3/2002
Egypt's Prime Minister Atef Ebeid yesterday said that within the next few days the problem of Technology Valley in Ismailia will be solved as part of the government efforts to attract investment.
ΚΚΚ Following the meeting with Ismailia Governor Fouad Saad Eddin and chairman of the Suez Canal Authority, Ahmed Fadel, the Prime Minister said that the government is focusing attention on new industrial zones and endeavoring to give investors maximum benefits in the form of long-term tax exemptions and price reductions of up to 50 per cent for land allocated to these projects, in accordance with the Investment Incentives Law.
ΚΚΚ New zones for handicrafts will be established soon in Ismailia with a view to integration with existing industrial projects in Sharq el-Tafrea and Port Said, Ebeid added.
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