Egyptian
Prime Minister Mustafa Madbouli stressed the State’s keenness on exerting all
efforts to stimulate the various industrial sectors with the view to localizing
industries, particularly in developing specialized technological industries, as
well as promoting small and medium industries and increasing their
competitiveness, explaining that “Today, we are in a city where the leather
industry in Egypt is based, this city is a milestone in this important
industry.”
This came during
Madbouli’s visit to the first ready-built factories in Rubiki Leather City
(Tanneries).
The minister was
accompanied by Deputy Prime Minister for Industrial Development and Transport
Minister Kamel El-Wazir, Chairman of the Industrial Development Authority (IDA)
Nahed Yousef, Chairman of the Cairo Investment and Development Company Mahmoud
Mahrez, and Minister Plenipotentiary Yahia El-Wathiq Billah, in addition to a
number of parliamentarians and commercial attaches for China, Italy, India,
Turkey, Portugal, Spain, and Germany, and a group of industry experts and major
local and foreign leather manufacturers and exporters.
Madbouli said the
Egyptian state believed that industrial sector will lead the locomotive of
economic development during the current stage, adding that the government has
developed the infrastructure to serve this important sector and other sectors.
The government also
provides facilities of various types, annexing lands, developing means of
transportation, and amending legislations that enable all investors to develop
their business, Madbouli added.
The prime minister
attended the opening ceremony of the third phase of the eco-industrial Rubiki
leather cluster in Badr City that groups 43 fully-equipped factories tailored
for leather product manufacturing.
Source: The Egyptian
Gazette