Government announces it will launch tenders for eight industrial complexes in May

The government will be issuing tenders for eight new industrial complexes in Upper Egypt in May, according to Trade Minister Tarek Kabil, who spoke at the press conference held yesterday to officially launch the USD 500 mn World Bank-backed Upper Egypt development program with Investment and International Cooperation Minister Sahar Nasr, an emailed statement said. The World Bank Group’s Egypt Executive Director Mezra Hassan and Country Director for Egypt, Yemen, and Djibouti Asaad Alam were also in attendance.