Prime Minister Ibrahim Mahlab urged during ministerial meeting to swiftly finalize the designs of the Damietta projects and selecting suitable lands.
Minister of Trade and Industry Mounir Fakhry Abdel Nour said Egypt holds contacts with Italy for establishing a furniture-manufacturing training center in the under-way Damietta furniture manufacturing city.
There is a proposal for establishing a firm to be in charge of the project with the state contributing with the needed land.
The 331-feddan project is expected to secure 40,000 direct jobs and 120,000 indirect jobs, the Damietta governor said.
The furniture city will house about 2,400 furniture factories and workshops.
The noted that the project would help Damietta restore its unique national and international position in manufacturing furniture.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor