The Ismail cabinet approved the establishment of an authority to manage the Golden Triangle region. The new authority will be similar in structure and function to the Suez Canal Economic Zone, and will be charged with developing the economic prospects of the area, Al Shorouk reported. Trade Minister Tarek Kabil said that the project will focus mainly on mining activities, agricultural industries, and tourism. The government had completed a 15-month study on the project last December ahead of the move.

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