Transport and Industry Minister Kamel El Wazir took to the airwaves, joining Bel Waraqa Wal Qalam’s Nashat Al Dahi (watch, runtime: 14:41) to give us an overview of his plans for the ministry.
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A big plan for industry: The government has a comprehensive plan to position Egypt as a regional industrial hub by the end of the year, El Wazir said, adding that the state aims to do so by increasing local production, rationalizing imports, and ramping up exports. The plan rests on seven key pillars, including setting up more factories, upgrading existing ones, reviving idle and struggling facilities, and elevating the standard of Egyptian products, El Wazir said.
Digitalizing procedures: The ministry will soon launch the Egypt Digital Industrial Platform, which will streamline the investment process, enabling investors to secure industrial land and building permits within just one week, the minister said. It will also allow investors to pay their fees online.