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The Chairman of the Investment Authority inspects the free zone in "Ataka" and "Al-Adabiya"

Counselor Mohamed Abdel-Wahab, CEO of the General Authority for Investment and Free Zones, inspected the Ataka Free Zone within the framework of the Authority’s plan to work on developing free zones and increasing their project capacity in a way that contributes to providing real job opportunities and increasing the Egyptian state’s exports, in line with the assignments of Dr. Mostafa Madbouly, The Prime Minister, constantly following up the executive position of investment projects in all governorates.


Abdel-Wahab was keen to visit the area in order to follow up on the services that are provided to investors, and to ensure that they receive services in an integrated manner and to overcome any challenges they may face, with regard to the ease of procedures and services provided to them.


The CEO of the Investment Authority toured the region, which included a visit to a number of factories and existing projects, including the Galaxy Factory for the manufacture of specialized chemicals used in the production of home and personal care products for major international companies, which is located on an area of ​​57,000 square meters at an investment cost of about $35 million. Its production is exported to more than 70 countries, where it discussed with those in charge of its management investment plans during the next stage, which include pumping more new investments and establishing a new factory for the manufacture of chemicals with new production technology.


Abdel Wahab also inspected the public free zone in Adabiya to follow up the progress of work and the projects operating in it, and to determine the needs of workers and the ongoing development work in the region.


Abdel Wahab stressed that the investors' vision and suggestions will be taken into account in preparation for taking immediate measures that contribute to facilitating the procedures related to ensuring the continuity of their project activities and moving forward with their future expansion plans, noting that investors are the state's partners in achieving development and advancing investment.


Counselor Mohamed Abdel Wahab concluded his tour of the Free Zone in Adabiya by visiting the Oshendro Shipbuilding and Repair Company, which is built on an area of ​​40,000 square meters. It is established by the Authority with the aim of facilitating investors and creating an attractive work environment for investment.