New law to govern Egypt’s industrial zones ready in three months

LEGISLATION WATCH- New law to govern industrial zones ready in three months: The Trade Ministry Industrial Development Authority (IDA) is expecting to complete in three months’ time a draft law to govern how designated industrial zones are administered, IDA boss Magdy Ghazy told Youm7. Ghazy provided no further details beyond stating that that the IDA is focusing on a strategy to establish specialized industrial zones in a bid to reduce Egypt’s dependence on imports.