{"id":653912,"date":"2024-10-24T00:00:00","date_gmt":"2024-10-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/24\/a-new-investment-zone-a-new-industrial-zone-and-more-approved-by-the-cabinet\/"},"modified":"2024-10-24T00:00:00","modified_gmt":"2024-10-24T00:00:00","slug":"a-new-investment-zone-a-new-industrial-zone-and-more-approved-by-the-cabinet","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/24\/a-new-investment-zone-a-new-industrial-zone-and-more-approved-by-the-cabinet\/","title":{"rendered":"A new investment zone, a new industrial zone and more approved by the cabinet"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Madbouly cabinet approved several key decisions during its weekly meeting <\/strong>yesterday, including new regulations for medical centers and the establishment of an investment zone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ftrZESbuNR8RoFCb8F8gvVCJ1DAXVTPXLZCXuVPVihrQ1LcJKNjzqDdT6GfbQtwZl\" style=\"\" rel=\"noopener\">cabinet statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links<\/strong> to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- New investment zone for industrial development in Abu Rawash:<\/strong> Cabinet approved the establishment of a new integrated investment zone in Abu Rawash for joint-stock company Al Ahly Industrial Development. The zone will span around 2 mn sqm and is designed to host a fully integrated industrial zone, with a focus on SMEs. The area will feature logistics, service, and commercial activities, as well as food security projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A freezone in Port Said also got the preliminary green light: <\/strong>The cabinet approved a draft decision to turn a 10k sqm area in an industrial zone south of the city of Port Said into a private freezone to produce citrus concentrates and export 100% of production. The project will be set up with a USD 10 mn investment and create 300 jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- New law to regulate specialized medical centers:<\/strong> The cabinet gave its approval to a draft law governing specialized medical centers established or transferred under the Secretariat of Specialized Medical Centers at the Health Ministry and any centers set up after the regulations are implemented. This draft law will work alongside the universal health ins. law to ensure these centers provide high-quality specialized medical care while reducing pressure on the state budget by raising service efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How?<\/strong> The law will allow setting up new centers only by a decree from the Prime Minister Moustafa Madbouly, based on the health minister\u2019s recommendation. Each center will be managed by a committee led by the center\u2019s director, with regulations and management systems set by the health minister.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Digital boost for healthcare services:<\/strong> Ministers also approved a two-year contract between the Universal Health Ins. Authority and eHealth \u2014 a subsidiary of EGX-listed fintech giant e-Finance \u2014 to manage and operate digital services for Egypt\u2019s universal health ins. system. This partnership is intended to accelerate the nationwide rollout of the digital healthcare system and ensure its sustainability. The move aims to enhance the efficiency and effectiveness of health services across the country, supporting the digitization of key healthcare projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cabinet approved the establishment of a new integrated investment zone in Abu Rawash<\/p>\n","protected":false},"author":1,"featured_media":653913,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7306],"tags":[282,72,7115,7111,125,4298],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-enterpriseam","tag-healthcare","tag-infrastructure","tag-investment-watch","tag-universal-health-insurance","wpautop","entry"],"acf":{"mongo_id":"7019e3c9-6478-4e77-94ab-333ceb1590f0","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2103.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A new investment zone, a new industrial zone and more approved by Egypt\u2019s cabinet","related_issue":[653896],"teaser":"Cabinet approved the establishment of a new integrated investment zone in Abu Rawash","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.b0ac8056-ccb5-4817-91e4-db343ef08937.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>A new investment zone, a new industrial zone and more approved by the cabinet - 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\/2024\/10\/24\/a-new-investment-zone-a-new-industrial-zone-and-more-approved-by-the-cabinet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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&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\/2022\/5\/316.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":653912,"position":5},"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 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