27 May 2022 02:46 PM

Nasr: Establishing investment complex in Qena costs EGP 43 million

Saturday، 25 March 2017 - 10:30 AM

Minister of Investment and International Cooperation Sahar Nasr said on Saturday 25/03/2017 that the establishment of an investment services complex in Qena, Upper Egypt, would start next week and would take no more than 10 months.

The cost of setting up the complex is estimated at 43 million pounds, Nasr said in press statements.

Meanwhile, she noted that around $127 million would be provided within days for the governorate for developing infrastructure of industrial zones.

Nasr indicated that this sum is part of the World Bank's $500-million loan to support infrastructure of the industrial zones in Upper Egypt 's governorates of Qena and Sohag.

Earlier in the day, the minister flanked by Qena Governor Abdel Hamid al-Hagan laid down the foundation stone of the investment services complex set up on an area of 4,000 square meters in Qena.

MENA

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