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Egyptian Government to Pump EGP 64mn in New Investment Stimulus Package

Source: www.export-egypt.com 8/25/2014, Location: Africa

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Minister of Investment Ashraf Salman disclosed that the government will announce a new investment stimulus package on two phases worth EGP 64 billion in accordance with Egypt's new budget.

The essential plan of the Suez Canal Axis will be finished within the course of six months as a prelude to be submitted to the Cabinet, said the Minister.

The Minister made these remarks during his inspection tour of a number of enterprises the Suez area.

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