Prime Minister Mostafa Madbouli directed Industry and Trade Minister Ahmed Samir to grant factory owners or developers a chance to adjust their position before closing any facility.
Addressing a session titled “Roadmap to Development of the Industrial Sector: Challenges and Mechanism for Propelling the Sector” held as part of the third day of Egypt Economic Conference 2022, the premier said factory owners or developers are obliged to submit a commitment at the Industrial Development Authority (IDA) on their adherence to the environmental and civil protection standards without approval from any body.
Madbouli stressed that there should be a chance for adjusting the business owners’ status before issuing orders of closing any industrial facility.
Source: State Information Service Egypt