{"id":562206,"date":"2021-05-11T03:45:54","date_gmt":"2021-05-11T03:45:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/wanna-invest-in-some-industrial-zones\/"},"modified":"2021-05-11T03:45:54","modified_gmt":"2021-05-11T03:45:54","slug":"wanna-invest-in-some-industrial-zones","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/wanna-invest-in-some-industrial-zones\/","title":{"rendered":"Wanna invest in some industrial zones?"},"content":{"rendered":"

<\/a> Industrial investors can expect more clarity on how to create and manage both <\/strong>industrial zones and businesses that operate in them<\/strong> after the Trade and Industry Ministry approved<\/a> yesterday the executive regulations to the law regulating the Industrial Development Authority<\/a> (IDA). The Madbouly government will also be making public its plan for industrial zone development going forward.<\/p>\n

Details to follow? <\/strong>The specifics of the executive regulations are yet to be made public, but will cover the rules for non-industrial projects within industrial zones as well how the IDA will charge for its services. The regulations also set up a mechanism to determine rent, sale, and usufruct prices for land in industrial zones.<\/p>\n

The IDA still isn\u2019t fully independent from the Trade and Industry Ministry, despite having been granted financial and administrative autonomy.<\/strong> While the IDA will allocate land to businesses and hand out industrial permits and licenses, its decisions will still require sign-off from the ministry before they go into effect, IDA Chairman Mohamed El Zalat noted in a statement<\/a>. The ministry had previously said it was looking to expand the role of the Federation of Egyptian Industries to be able to collaborate with IDA<\/a> to grant industrial licenses, establish industrial zones, and develop local manufacturing.<\/p>\n

OTHER LEGISLATION NEWS- <\/strong><\/p>\n

A draft law abolishing prison terms for women who have inherited debt from their spouses <\/strong>is now with the House legislative and social solidarity committees, the local press<\/a> reports. President Abdel Fattah El Sisi had ordered his government<\/a> earlier this year to address the issue.<\/p>\n

The House of Representatives <\/strong>approved<\/a><\/strong> yesterday amendments to the Penal<\/strong> Code to ban the unauthorized filming of criminal trials<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Industrial investors can expect more clarity on how to create and manage both industrial zones and businesses that operate in them after the Trade and Industry Ministry approved yesterday the executive regulations to the law regulating the Industrial Development Authority (IDA). The Madbouly government will also be making public its plan for industrial zone development […]<\/p>\n","protected":false},"author":1,"featured_media":562207,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8614],"tags":[72,411,331,3085,871],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-watch","tag-enterpriseam","tag-judiciary","tag-nevine-gamea","tag-penal-code","tag-regulation-watch","wpautop","entry"],"acf":{"mongo_id":"b0084785-1c4f-47a2-a348-54b37d09c267","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/108.jpg","photo_position":"above","related_issue":[562197],"teaser":"","voice_url":""},"yoast_head":"\nWanna invest in some industrial zones? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/wanna-invest-in-some-industrial-zones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wanna invest in some industrial zones?\" \/>\n<meta property=\"og:description\" content=\"Industrial investors can expect more clarity on how to create and manage both industrial zones and businesses that operate in them after the Trade and Industry Ministry approved yesterday the executive regulations to the law regulating the Industrial Development Authority (IDA). 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The ministry approved the regulations earlier this month, setting\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569428,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/trade-ministry-issues-amendments-to-regulations-for-the-industrial-permits-act\/","url_meta":{"origin":562206,"position":1},"title":"Trade Ministry issues amendments to regulations for the Industrial Permits Act","author":"enterpriseam admin","date":"24 February 2020","format":false,"excerpt":"REGULATION WATCH- Industrial Development Authority branch directors will be allowed to grant conditional licenses to industrial investors following new amendments by the Trade Ministry to the executive regulations governing the Industrial Permits Act, according to a ministry statement (pdf). IDA chief Magdy Ghazi said that the authority\u2019s branch directors, or\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596009,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/new-law-to-govern-egypts-industrial-zones-ready-in-three-months\/","url_meta":{"origin":562206,"position":2},"title":"New law to govern Egypt\u2019s industrial zones ready in three months","author":"enterpriseam admin","date":"18 August 2019","format":false,"excerpt":"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\u2019 time a draft law to govern how designated industrial zones are administered, IDA boss Magdy Ghazy told Youm7. Ghazy provided no further details beyond\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/regs-for-ida-autonomy-ready-by-month-end\/","url_meta":{"origin":562206,"position":3},"title":"Regs for IDA autonomy ready by month-end","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"LEGISLATION WATCH- Regs for granting IDA independence from Trade Ministry ready by month-end: The Industrial Development Authority is planning to finalize by the end of this month the draft executive regulations for recently passed legislation granting the authority operational autonomy, a source from the IDA told Amwal Al Ghad. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599995,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/new-president-of-industrial-development-authority\/","url_meta":{"origin":562206,"position":4},"title":"New president of Industrial Development Authority","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"MOVES- Magdy Ghazi was appointed the acting head of the Industrial Development Authority (IDA) by decree of the Madbouly Cabinet, according to Youm7. Ghazi, who had served as the former deputy head of the IDA, subsequently spoke of the IDA\u2019s plan to expand access to industrial land to manufacturers, local\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598174,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","url_meta":{"origin":562206,"position":5},"title":"IDA sets new deadline for unregistered factories to become formal","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"IDA sets new deadline for unregistered factories to go legit: The Industrial Development Authority (IDA) has given unregistered factories in accredited industrial zones until 30 June to obtain licenses and sign up with the registry of industrial companies, according to an IDA statement. Companies that comply will be exempt from\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562206"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562206\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/562207"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562206"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562206"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}