The “Ebda” initiative identifies 7 challenges facing the Egyptian industry

The “Ebda” initiative monitored a number of challenges facing the national industry in Egypt during the current period, a number of which were dealt with through the partnership between the initiative and the various government agencies and ministries. The following are the most prominent obstacles facing the industry, according to what “Ebda” sees:

The absence of real industry databases of lands, stalled factories and service providers

– The industry’s need for accredited accreditation laboratories besides the localization of the national industry

The inability of small and medium industries to communicate with government agencies to legalize their conditions.

– There is a clear defect in some customs items when importing raw materials and production components.

Delayed release of raw materials due to documentary credits

The difficulty of codifying the procedures of some industries in the different governorates.

– The need to complete the annexation of the industrial areas.

The “Begin” initiative was launched to localize the Egyptian industry in October 2021, based on President Abdel Fattah Al-Sisi’s assignment to graduates of the Presidential Program for Qualifying Youth for Leadership, to link the Dignified Life Initiative with an integrated project for industry, human resource development, and localization of development, in a manner that ensures the sustainability of the initiative, and based on the fact that industry is the main driver To achieve economic development, and given the importance of industry in achieving the most efficient and effective exploitation of resources, the National Initiative for the Development of the Egyptian Industry “Begin” comes to push the industrial sector in Egypt to new horizons.

The national initiative to develop the Egyptian industry “Ebda” aims to add new investments to the industrial sector worth 200 billion pounds and provide about 150 thousand direct and indirect job opportunities during the next four years.

Related Articles

Back to top button