Ganzouri Firms on State Dues

Prime Minister Dr. Kamal el-Ganzouri has assured the investors that their lands will not be withdrawn if they pay state dues.

During a press conference on 27/12/2011 following a mini-Cabinet meeting to legitimize land allocation terms, International Cooperation Minister Fayza Abul-Naga said that the premier will not tolerate that state dues be forsaken.

Firm to retrieve every penny owed to Egypt, Ganzouri still assured investors, even those who had violated contracts, they would keep the land if they pay state dues.

Ganzouri was particularly talking about investors whose on-ground projects are different from in-contract projects.