Mahlab assigns GAID to allocate lands of industrial investment

Prime Minister Ibrahim Mahlab assigned the General Authority for Industrial Development (GAID) to allocate plots of lands of industrial investment in all the industrial areas until the completion of executive regulation of investment law.

The regulation will be issued within two or three weeks, Mahlab said in press statements, following his meeting with the board of directors of the Federation of Egyptian Industries.

Mahlab further said that the move came to activate the protocol, which was signed between GAID and the New Urban Communities Authority.

The government attaches great importance to solving problems related to energy and electricity at the industrial sector, Mahlab said.

He also added that there is a plan to meet the future needs in this respect.