{"id":584217,"date":"2023-03-28T00:00:00","date_gmt":"2023-03-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/four-industrial-developers-receive-land-in-new-october-city\/"},"modified":"2023-03-28T00:00:00","modified_gmt":"2023-03-28T00:00:00","slug":"four-industrial-developers-receive-land-in-new-october-city","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/four-industrial-developers-receive-land-in-new-october-city\/","title":{"rendered":"Four industrial developers receive land in New October City"},"content":{"rendered":"<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\">Four industrial <\/span><span style=\"font-weight:700\">property developers have been awarded more than 1.8k <\/span><span style=\"font-weight:700\">feddans of land in New October City<\/span><span style=\"\">through the New Urban Communities Authority\u2019s (NUCA) new online bidding system, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/40BRXfw\" style=\"\">Hapi Journal<\/a><\/span><span style=\"font-weight:400;\">reports, citing sources it says are in the know.<\/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\">The players:<\/span><span style=\"\"> Our friends at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.idg-egypt.com\/index.html\" style=\"\">Industrial Development Group<\/a><\/span><span style=\"\"> (IDG), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.elsewedyelectric.com\/en\/business-lines\/infrastructure-investments\/industrial-development\/\" style=\"\">Elsewedy Industrial Development<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/company\/polarisparks\/\" style=\"\">Polaris<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/company\/polarisparks\/\" style=\"\">Parks<\/a><\/span><span style=\"\">, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cpcegypt.org\/index.html\" style=\"\">CPC Egypt Industrial Development<\/a><\/span><span style=\"font-weight:400;\"> were each awarded plots, the newspaper says, without specifying how the companies plan to use the allocated land.<\/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\">More to come:<\/span><span style=\"\"> NUCA agreed earlier this month to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3JPUqMB\" style=\"\">allocate some 12 mn square meters<\/a><\/span><span style=\"font-weight:400;\"> in four cities \u2014 New October, New Fayoum, New Alamein, and New Aswan \u2014 to industrial developers who placed bids through the authority\u2019s online portal.<\/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\">The government is on a drive to boost domestic industry: <\/span><span style=\"font-weight:400;\">The new platform for buying and selling land and efforts to increase the use of golden licenses are among policies launched in recent months to streamline project approvals and stimulate industrial investment.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IDG, Elsewedy, Polaris and CPC each took home new land, according to a report<\/p>\n","protected":false},"author":1,"featured_media":584218,"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":[8661],"tags":[130,72,7196,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-584217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-construction","tag-enterpriseam","tag-industry","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"8e81641b-4cd6-4e0f-b18f-7fa285d623d3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/512.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Four industrial developers allocated land in Egypt\u2019s New October City","related_issue":[584208],"teaser":"IDG, Elsewedy, Polaris and CPC each took home new land, according to a report","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.dd7e9ebd-21b8-4b30-a5a9-95f0d801b3de.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>Four industrial developers receive land in New October City - 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\/03\/28\/four-industrial-developers-receive-land-in-new-october-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four industrial 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create around 10k jobs","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\/2024\/5\/2176.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574558,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/14\/gafi-approves-new-projects-in-idgs-e2-industrial-park-in-alamein\/","url_meta":{"origin":584217,"position":1},"title":"GAFI approves new projects in IDG\u2019s e2 industrial park in Alamein","author":"enterpriseam admin","date":"14 September 2020","format":false,"excerpt":"INVESTMENT WATCH- GAFI approves new projects in IDG\u2019s e2 industrial park in Alamein worth EGP 600 mn: The General Authority for Investment (GAFI) has greenlit 22 new projects worth a combined EGP 600 mn that will be set up in Industrial Development Group\u2019s (IDG) e2 complex in Alamein, according to\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":659069,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/21\/idg-to-invest-egp-3-bn-developing-its-zones-this-year\/","url_meta":{"origin":584217,"position":2},"title":"IDG to invest EGP 3 bn developing its zones this year","author":"enterpriseam admin","date":"21 January 2025","format":false,"excerpt":"IDH currently owns three industrial zones","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment 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Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/667.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572779,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/08\/idg-launches-e2-alamein-egypts-first-eco-sustainable-industrial-park\/","url_meta":{"origin":584217,"position":4},"title":"IDG launches e2 Alamein, Egypt\u2019s first eco-sustainable industrial park","author":"enterpriseam admin","date":"8 July 2020","format":false,"excerpt":"Smart industrial park developer and operator Industrial Development Group (IDG) launched yesterday Egypt\u2019s first eco-sustainable park, e2 Alamein, in New Alamein City, according to a statement (pdf). The park pitches tenants on the benefits of \u201cmultiple trade agreements, including COMESA, GAFTA, Egyptian-European partnership, and others.\u201d The 2.7 sqkm park will\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":596829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/idg-aims-to-open-first-factory-in-new-alamein-in-1q2020\/","url_meta":{"origin":584217,"position":5},"title":"IDG aims to open first factory in New Alamein in 1Q2020","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"INVESTMENT WATCH- First factory in New Alamein to open in 1Q2020: The Industrial Development Group (IDG) aims to complete the procedures of opening the first factory in New Alamein in 1Q2020, IDG Managing Director Sameh Attia said. The factory will produce building materials and is owned by an unnamed Egyptian\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/584217","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=584217"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/584217\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/584208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/584218"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=584217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=584217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=584217"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=584217"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=584217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}