{"id":627676,"date":"2018-06-07T04:19:07","date_gmt":"2018-06-07T04:19:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories\/"},"modified":"2018-06-07T04:19:07","modified_gmt":"2018-06-07T04:19:07","slug":"ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories\/","title":{"rendered":"IDA to decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories"},"content":{"rendered":"<p>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 <a href=\"https:\/\/alborsanews.com\/2018\/06\/05\/1109464\">an IDA source<\/a>. The authority had previously issued several warnings and ultimatums to these investors to remedy the situation, which the investors reportedly did not heed. The factories ran into repeated infrastructure and regulatory hurdles since the zone was developed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 had previously issued several warnings [&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":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627676","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"3d93b4a4-5099-429a-8a8c-97ee39e29658","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"IDA to decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories","related_issue":[627646],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.48dcca2a-d42e-4674-a475-bcffb4bf03af.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 decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories - 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\/06\/07\/ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDA to decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories\" \/>\n<meta property=\"og:description\" content=\"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. 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Hamza said the IDA has placed 200 factories on a waiting list for the permits, without\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":[]},{"id":621372,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/","url_meta":{"origin":627676,"position":1},"title":"IDA to re-tender land plots seized from 1,000 factories project investors","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"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. 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The campaign could begin \u201cvery soon,\u201d he said. 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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":634768,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/ida-warns-26-1000-factories-project-investors-of-withdrawing-land-plots-over-delays\/","url_meta":{"origin":627676,"position":4},"title":"IDA warns 26 1,000 factories project investors of withdrawing land plots over delays","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) has warned 26 investors in New Cairo\u2019s 1,000 factories projects it would withdraw their allocated land plots over delays in completing construction, the head of the Association of Investors for Small and Medium Enterprises (AISME) Hesham Kamal tells Al Borsa. 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