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Elham AbolFateh

Egypt

Egypt’s PM approves setting up general free zone in Aswan

Monday 13/May/2019 - 04:05 PM
The Egyptian Cabinet
The Egyptian Cabinet
Hassnein Tayea
Egypt’s Prime Minister Moustafa Madbouli made a decision over setting up a 187 feddan free zone southern of New Aswan City.

The new zone would be dedicated to a combination of tech، agriculture and agrifood projects.

The zone is expected to draw USD 2.3 billion in private sector investment and create as many as 15 million jobs.

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