{"id":581706,"date":"2023-02-20T00:00:00","date_gmt":"2023-02-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/20\/senate-approves-bill-allowing-informal-industrial-projects-to-get-temporary-licenses\/"},"modified":"2023-02-20T00:00:00","modified_gmt":"2023-02-20T00:00:00","slug":"senate-approves-bill-allowing-informal-industrial-projects-to-get-temporary-licenses","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/20\/senate-approves-bill-allowing-informal-industrial-projects-to-get-temporary-licenses\/","title":{"rendered":"Senate approves bill allowing informal industrial projects to get temporary licenses"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/p>\n<p><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Senators greenlight temporary relief to informal industrial projects: <\/span><span style=\"\">The <\/span><span style=\"font-weight:400;\">Senate approved yesterday a government-drafted bill that would allow unlicensed industrial projects to obtain temporary licenses. The two-article bill would grant the Industrial Development Authority (IDA) the power to allow unlicensed projects to operate for a temporary one-year period while they work to legalize their positions. The period could be extended for an additional two years by the trade and industry minister upon the recommendations of the IDA and after they observe standards stipulated by the Environment Ministry and civil defense authorities.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Thousands to benefit:<\/span><span style=\"font-weight:400;\"> Some 60k unlicensed industrial projects currently operate without a license, Wafdist and Mostaqbal Watan Senators Yasser El Hodeibi and Mohamed Azzmi said. \"Most of these are small and medium-scale industrial enterprises that have been unable to get a license since 2017,\" he said, adding that \"bureaucratic\u201d requirements by the IDA have made it difficult for such projects to obtain licenses. \"I hope that the IDA will improve its performance and scrap complicated bureaucratic measures to help speed up the process of integrating unlicensed industrial projects into the formal economy,\" he said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Bureaucratic? Who, me?<\/span><span style=\"\"> <\/span><span style=\"\">Trade and Industry Minister Ahmed Samir dismissed claims that the IDA\u2019s requirements hindered efforts by informal industrial businesses to go legit. Industrial firms can obtain a license within a month at most, he said, adding that applications can now be submitted online. Low-risk firms can receive a license within one week after paying EGP 1k (plus VAT) while higher-risk businesses must pay EGP 20k and may have to wait a month before receiving their licenses, the minister said. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some 60k unlicensed industrial projects currently operate without a license<\/p>\n","protected":false},"author":1,"featured_media":581707,"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":[7344],"tags":[72,7196,187,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-enterpriseam","tag-industry","tag-legislation-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"160e8954-0db1-4222-9b10-eac0414e73e6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/alexandria-worker-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581693],"teaser":"Some 60k unlicensed industrial projects currently operate without a license","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.1e61994d-184f-49fe-9a20-3cdd404606f9.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Senate approves bill allowing informal industrial projects to get temporary licenses - 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\/2023\/02\/20\/senate-approves-bill-allowing-informal-industrial-projects-to-get-temporary-licenses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senate approves bill allowing informal industrial projects to get temporary 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The amendments, if passed by the House of Representatives, would toughen penalties for the use, operation, installation or\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641459,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/unlicensed-factories-have-one-year-to-comply-with-industrial-permits-act\/","url_meta":{"origin":581706,"position":5},"title":"Unlicensed factories have one year to comply with Industrial Permits Act","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Trade and Industry Minister Tarek Kabil issued new directives last week that will allow unlicensed factories to receive temporary industrial permits, permitting them to operate legally for a year while they restructure their affairs to comply with the new Industrial Permits Act, Al Borsa reports. Separately, Kabil also issued new,\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"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\/581706","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=581706"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581706\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/581693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/581707"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=581706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=581706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=581706"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=581706"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=581706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}