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Elaraby Group calls on gov’t to expedite land allocation for new projects

Elaraby Group calls on gov’t to expedite land allocation for new projects
The company plans to establish several industrial and developmental projects

Cairo – Mubasher: Egypt’s Prime Minister, Mostafa Madbouly, has met with leaders of Elaraby Group to review the company’s investments and future plans.

Ibrahim ELaraby, Deputy Chairman of Elaraby Group, called on the government to accelerate the process for the allocation of a land in Quweisna in Menoufia to establish several industrial and developmental projects, according to a cabinet statement on Monday.

The company plans to establish two electricity and water plants, a hospital, as well as several other community service projects in the area.

Elaraby further revealed that the factories are scheduled to start production in 2022.

He added that an industrial complex has been built in Qaliub for manufacturing cookers in collaboration with an Italian company, with plans for exporting to several European, North African, and Middle Eastern countries.