NEVIN JAMA, CEO of the Small and Medium Enterprises Development Authority (SMED), unveiled 256 new factories for the engineering, food, textile and chemicals industries on 10th of Ramadan, on Monday, in coordination between the Project Authority and the Urban Communities Authority.

She added in special statements for "the seventh day", that the new units will be priority sectors, which contribute to the reduction of imports, according to the list of sectors scheduled to work to replace them with domestic products.
 
She stressed that the units are not random, so that the methodology is put forward, and the industrial activities that are being developed are the activities needed by the state, which reduce imports, so that we will not work on industries that are saturated locally.
 
On the area of ​​units to be put forward, Jamea revealed that the average units will be 720 meters per industrial unit, noting that the booklets of conditions will be withdrawn on June 24 from the development of tenth of Ramadan for only two thousand pounds.
 

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The Chamber is established by the Republican Decree No. 453 of 1958, which is one of the 20 industrial chambers of the Federation of Egyptian Industries, which includes about 4000 members, by virtue of the establishment decision, it covers the engineering industries sector in Egypt through 10 divisions.

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