REGULATION WATCH- The government aims to issue next month new regulations for industrial land tenders, said Industrial Development Authority (IDA) boss Magdy Ghazi. The regulations, which are currently being drafted by the Cabinet in collaboration with the IDA, would require investors to complete the construction of facilities and have them up and running within three years of being awarded for land. The authority also aims to set up database of available industrial land to help guide both investors and policymakers.

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