{"id":631661,"date":"2018-03-25T04:11:26","date_gmt":"2018-03-25T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/ida-signs-agreement-with-saudis-cpc-to-develop-egp-900-mn-sadat-city-industrial-zone\/"},"modified":"2018-03-25T04:11:26","modified_gmt":"2018-03-25T04:11:26","slug":"ida-signs-agreement-with-saudis-cpc-to-develop-egp-900-mn-sadat-city-industrial-zone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/ida-signs-agreement-with-saudis-cpc-to-develop-egp-900-mn-sadat-city-industrial-zone\/","title":{"rendered":"IDA signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- IDA signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone: <\/strong>The Industrial Development Authority (IDA) signed an agreement on Thursday with Saudi Arabia\u2019s Construction Products Holding Company (CPC) to develop an industrial zone in Sadat City for EGP 900 mn, <a href=\"http:\/\/www.sis.gov.eg\/Story\/128050?lang=en-us\">according to the State Information Service<\/a>. Under the terms of their contract, CPC will establish the main infrastructure for the project and also handle the marketing and the allocation of land to investors under the IDA\u2019s supervision, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1273661\">Al Masry Al Youm reports<\/a>. The IDA will also sign off on contracts with investors, said deputy head Magdy Ghazy. The project is expected to draw in EGP 2 bn-worth of new businesses and 20% of available spaces will be earmarked for SMEs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- IDA signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone: The Industrial Development Authority (IDA) signed an agreement on Thursday with Saudi Arabia\u2019s Construction Products Holding Company (CPC) to develop an industrial zone in Sadat City for EGP 900 mn, according to the State Information Service. Under the [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631661","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b387f06c-e4e3-42a8-b2c2-4a2e562084e4","order":"0","is_powered_by":true,"section_story_id":"db97e7c8-566e-479e-89e4-c3f1616fd789","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631644],"teaser":"","voice_url":""},"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 signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone - 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\/03\/25\/ida-signs-agreement-with-saudis-cpc-to-develop-egp-900-mn-sadat-city-industrial-zone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDA signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- IDA signs agreement with Saudi\u2019s CPC to develop EGP 900 mn Sadat City industrial zone: The Industrial Development Authority (IDA) signed an agreement on Thursday with Saudi Arabia\u2019s Construction Products Holding Company (CPC) to develop an industrial zone in Sadat City for EGP 900 mn, according to the State Information Service. 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The Industrial Development Authority signed an agreement in 2018 with CPC to construct the infrastructure for the EGP 900 mn project.","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626636,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/ida-signs-egp-4-bn-contracts-with-sdm-pyramids-industrial-parks-to-develop-4-mn-sqm-in-sadat-city\/","url_meta":{"origin":631661,"position":1},"title":"IDA signs EGP 4 bn contracts with SDM, Pyramids Industrial Parks to develop 4 mn sqm in Sadat City","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) signed contracts on Thursday with Elsewedy Group subsidiary SDM and Pyramids Industrial Parks to develop two 2 mn sqm industrial zones in Sadat City at a combined investment cost of EGP 4 bn, Al Mal reports. Under the contracts, the two companies will be required\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632711,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/ida-signs-contracts-with-polaris-al-zamil-sdm-for-two-industrial-zones-in-sadat-city\/","url_meta":{"origin":631661,"position":2},"title":"IDA signs contracts with Polaris Al Zamil, SDM for two industrial zones in Sadat City","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) signed on Thursday contracts with Polaris Al Zamil and SDM to develop two 1.4 mn sqm industrial zones in Sadat City at an initial investment cost of EGP 500 mn, according to a Trade and Industry Ministry statement (pdf). Initial designs will be complete in\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":599696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/regs-for-ida-autonomy-ready-by-month-end\/","url_meta":{"origin":631661,"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. 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