industrial investors to permit from ida upon new law
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Industrial investors to permit from IDA upon new law

Arab Today, arab today

Arab Today, arab today Industrial investors to permit from IDA upon new law

Trade and Industry Minister Tarek Qabeel
Cairo - MENA

Upon a new law, investors seeking industrial business to be established in investment and free zones will be able to get permits from the Industrial Development Authority (IDA), said Trade and Industry Minister Tarek Qabeel.

Addressing a news conference on the executive regulations of the law on issuing industrial permits, Qabeel said the rules of the investment law will not run counter to that of the new law.

He argued that "there is integration between both acts". 

The new law is another step of the government's efforts to improve the investment climate, said the minister.

He noted that a law on SMEs will be amended as part of these efforts

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