The Industrial Development Authority (IDA) has issued warnings to 800 investors that they could lose their land plots if they fail to begin construction or production, according to Al Mal. The IDA issued several regulations at the end of 2017 to prevent industrial land from being left unused, and a number of investors were issued warnings at the end of last year. This announcement comes after IDA boss Magdy Ghazi said yesterday that the authority is planning to issue new regulations for industrial land tenders.

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