{"id":621372,"date":"2018-11-06T04:11:26","date_gmt":"2018-11-06T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/"},"modified":"2018-11-06T04:11:26","modified_gmt":"2018-11-06T04:11:26","slug":"ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/","title":{"rendered":"IDA to re-tender land plots seized from 1,000 factories project investors"},"content":{"rendered":"<p>The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000 factories project, <a href=\"http:\/\/almalnews.com\/Story\/397291\/14\/%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D8%AA%D8%B9%D9%8A%D8%AF-%D8%B7%D8%B1%D8%AD-4500-%D9%85%D8%AA%D8%B1-%D8%A8%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%A3%D9%84%D9%81-%D9%85%D8%B5%D9%86%D8%B9\">IDA sources tell Al Mal<\/a>. The authority has reportedly withdrawn land from 600 factories investors after failing to meet several <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/06\/ida-agrees-to-extend-construction-deadline-for-1000-factories-project-investors-for-6-months\/\">consecutive deadlines<\/a> to begin construction or production, according to the sources. Under IDA regulations, investors must break ground on their facilities within a year of obtaining the land and must begin production within three years. A second batch of seized land plots will also be tendered in two months\u2019 time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000 factories project, IDA sources tell Al Mal. The authority has reportedly withdrawn land from 600 factories investors after failing to meet several consecutive deadlines to begin construction or production, according to the sources. Under IDA [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9315],"tags":[72,289,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621372","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-industrial-development-authority","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"aa4cfe94-97ef-47d1-9e11-e05eb3736a13","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"IDA to re-tender land plots seized from 1,000 factories project investors","related_issue":[621342],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f3c0617f-6ed9-49ee-b92e-224def62a89b.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>IDA to re-tender land plots seized from 1,000 factories project investors - 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\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDA to re-tender land plots seized from 1,000 factories project investors\" \/>\n<meta property=\"og:description\" content=\"The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000 factories project, IDA sources tell Al Mal. The authority has reportedly withdrawn land from 600 factories investors after failing to meet several consecutive deadlines to begin construction or production, according to the sources. Under IDA [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-06T04:11:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IDA to re-tender land plots seized from 1,000 factories project investors\",\"datePublished\":\"2018-11-06T04:11:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\"},\"wordCount\":99,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Industrial Development Authority\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/\",\"name\":\"IDA to re-tender land plots seized from 1,000 factories project investors - 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The deadline expires in January\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627676,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories\/","url_meta":{"origin":621372,"position":2},"title":"IDA to decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories","author":"enterpriseam admin","date":"7 June 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) will decide today whether to begin seizing land from 128 investors unlucky enough to be part of the 1,000 factories who are constantly crying out for help in New Cairo over delays in completing construction or beginning production, according to an IDA source. The authority\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627721,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/10\/ida-gives-40-investors-from-1000-factories-three-month-ultimatum-to-remedy-their-situation\/","url_meta":{"origin":621372,"position":3},"title":"IDA gives 40 investors from 1,000 factories three-month ultimatum to remedy their situation","author":"enterpriseam admin","date":"10 June 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) gave 40 investors from the New Cairo 1,000 factories project a three-month deadline to either begin construction or production, or risk losing their plots, sources from the authority said. The IDA had previously issued several warnings, which the investors reportedly did not heed.","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":[]},{"id":574348,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/07\/the-state-goes-on-the-offense-to-repatriate-allocated-land-plots-from-investors\/","url_meta":{"origin":621372,"position":4},"title":"The state goes on the offense to repatriate allocated land plots from investors","author":"enterpriseam admin","date":"7 September 2020","format":false,"excerpt":"The Industrial Development Authority (IDA) is gearing up to repossess industrial land from companies that \u201caren\u2019t serious\u201d about meeting construction deadlines, IDA chairman Mohamed El Zalat told Hapi Journal. 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The authority had issued several warnings before making a move.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"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\/621372","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=621372"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621372\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621342"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621372"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621372"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}