{"id":661129,"date":"2025-02-23T00:00:00","date_gmt":"2025-02-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/new-round-of-industrial-land-offerings-to-kick-off-1-march\/"},"modified":"2025-02-23T00:00:00","modified_gmt":"2025-02-23T00:00:00","slug":"new-round-of-industrial-land-offerings-to-kick-off-1-march","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/new-round-of-industrial-land-offerings-to-kick-off-1-march\/","title":{"rendered":"New round of industrial land offerings to kick off 1 March"},"content":{"rendered":"

Hello all you wonderful people, and happy Sunday. <\/strong>We have a packed issue for you today, so without further ado, let\u2019s get into it.<\/p>\n

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THE BIG STORY TODAY<\/p>\n

A new round of industrial land offerings goes live 1 March: <\/strong>The Industry Ministry is offering 2.2k small, medium, and large industrial land plots covering a cumulative 13 mn sqm across 22 governorates through Industrial Digital Platform from 1 to 7 March, according to a ministry statement<\/a>. <\/p>\n

This round is set to see some changes:<\/strong> The new offering will see the ministry launch the second phase of the Industrial Digital Platform\u2019s development, with three additional services \u2014 building permits, zoning permits, and industrial registration \u2014 added to the platform\u2019s menu of services. Interested investors can also now apply for one primary and one alternative land plot, offering investors a higher likelihood of receiving a plot, according to the statement.<\/p>\n

Remember: <\/strong>The government has been trying to address a lack of industrial land \u2014 as well as widespread land hoarding<\/a> \u2014 by offering significant swathes of land to investors via a newly launched digital platform, amid a wider regulatory reset to assure that industrial land is being used effectively. The IDA most recently offered over 2.6k land plots<\/a> in December, spanning 15.2 mn sqm across 37 industrial zones in 24 governorates.<\/p>\n

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THE BIG STORY ABROAD<\/p>\n

It\u2019s a busy news day in the int\u2019l press<\/strong>, with no one news story dominating headlines.<\/p>\n

Germans are heading to the polls this morning <\/strong>in an election that is widely expected to <\/strong>see strong performance from Germany\u2019s rightwing parties <\/strong>\u2014 particularly Friedrich Merz\u2019s center-right CDU\/CSU bloc and far-right Alternative for Germany (AfD), Reuters<\/a> reports. The elections follow the collapse of German chancellor Olaf Scholz's center-left SPD coalition amid budget disputes, which could result in the party\u2019s worst showing in its post-WWII history. Meanwhile, current polls suggest complex coalition negotiations could leave Scholz in a caretaker role for months \u2014 certainly if smaller parties cross the 5% threshold to enter the parliament, the Financial Times<\/a> reports. <\/p>\n

Israel violates ceasefire agreement with prisoner release delay: <\/strong>Israel has delayed the release of over 600 Palestinian prisoners set to be freed on Saturday as part of the country\u2019s ceasefire agreement with Hamas, the Financial Times<\/a> reports. Israeli prime minister Benjamin Netanyahu\u2019s office justified the move by accusing Hamas of \u201crepeated violations\u201d and \u201ccynical exploitation\u201d of Israeli hostages for \u201cpropaganda purposes\u201d in a post on X<\/a>, adding that the Israeli government would hold off on releasing the prisoners until Hamas released the next round of hostages.<\/p>\n

And over in Vatican City, 88-year-old Pope Francis is in critical condition<\/strong> while attempting to recuperate from what has been reported to be double pneumonia, Reuters<\/a> reports. The spiritual leader of the world\u2019s Catholics has been unable to give his usual Sunday sermon in St Peter\u2019s Square since being admitted to the hospital on 14 February.<\/p>\n

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