IDA to tender 13 industrial complexes through April 2020

The Industrial Development Authority (IDA) is planning to tender 13 industrial complexes to investors between 30 June of this year and April 2020, according to the local press. The complexes will be spread across 12 governorates, seven of which are in Upper Egypt. Prime Minister Moustafa Madbouly had issued instructions earlier this week for the government to speed up the allocation of industrial land to investors as part of a strategy to promote and develop industrial activity across the country.