Industry Minister announces unused land will be withdrawn and offered again to serious investors

The Egyptian Minister of Industry, Khaled Hashem, has rolled out a new initiative to reclaim all idle industrial land that hasn't been put to use for its intended purpose. This move, set to kick off next week, aims to reassign these plots to investors who have concrete and actionable business plans. This effort underscores the government's commitment to optimizing its industrial infrastructure and boosting economic growth by ensuring land is utilized efficiently. It's a significant step that could potentially attract more serious investment and spur industrial development in the country.