A leader in the future of a nation: The plan to localize industry and port projects will contribute to enhancing the competitiveness of the Egyptian economy
Engineer Yasser Al-Hafnawi, a member of the office of the Mostaqbal Watan Party in Gharbia Governorate, said that the efforts made by the Egyptian state to localize the industry, remove the obstacles facing investors, and approve tax and financial incentive packages and facilitations to ease the burdens on them, will bring about a major qualitative leap in developing and advancing the national industry and enhancing Local production and competitiveness of the Egyptian economy, developing exports, reducing the import bill and providing hard currency, as well as providing job opportunities for young people and reducing… Unemployment.
Al-Hafnawi pointed out the importance of expansion opportunities in industrial zones, in implementation of the state’s plan to advance Egyptian industry, which focuses on establishing new factories to meet the largest possible amount of local market needs. Within the framework of the policy of localizing industry and providing production requirements locally, we appreciate President Abdel Fattah El-Sisi’s emphasis on the paramount importance that the state attaches to the issue of localizing industry and enhancing production at high quality and prices. Competitive.
A member of the Mostaqbal Watan Party office in Gharbia Governorate added that the projects to establish, modernize and operate ports at the republic level come in light of the pivotal role that these ports represent in development programs. The state will contribute to encouraging investment and developing the transportation and logistics system, which supports industry and trade.
Al-Hafnawi pointed out the importance of President Sisi’s directives during his meeting. With Dr. Mostafa Madbouly, Prime Minister, and Lt. General Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, to continue efforts to accelerate the implementation of projects to establish integrated development logistics hubs, linking production areas with seaports being developed, to become hub ports with world-class capabilities and capacities. A huge capacity, equipped with various logistical areas, and this comes within its integration with the modern transportation network, including roads, axes and railways, which provides the necessary ingredients to transform Egypt into a center for global trade. And logistics, which brings enormous benefits to the national economy.
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