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Egyptian Govt Supports Small- and Medium-Size Enterprises in Egypt

Source: www.export-egypt.com 6/24/2014, Location: Africa

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Minister of Industry and Trade Mounir Fakhry Abdel Nour said the government supports the establishment of small- and medium-size enterprises due to their roles in reducing the rates of unemployment.

"These enterprises hire a huge number of employees," the minister said, addressing the Egyptian European association.

He said the government seeks to build solid infrastructure to lure investors especially in remote areas.

The minister said the government tries to develop the Egyptian economy after years of economic woes.

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