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Sherif Ismail Set Urgent Plan to Establish of Commercial Chains

Source: www.export-egypt.com 12/23/2015, Location: Africa

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PM Sherif Ismail decided to take urgent action to finalize a comprehensive plan for the implementation of the commercial chains to provide basic goods and foodstuffs at discounted prices for attracting investments in the field of internal trade, and encourage support for serious investors in this field to implement directives of President Abdul Fattah Al-Sisi, in which it demanded the government and business to work on reducing the prices to alleviate the low-income brackets.

The PM said that he would hold a number of meetings during the coming days to determine the necessary procedures for the entry into force of project implementation, starting from tomorrow Thursday to review the special position of the land inventory decision utilized in the implementation of the project in preparation for the investors wishing to implement this important project, which comes within the framework of the policies of the State to achieve social justice and raise hitherto spared by the citizens.

Ambassador Hussam said that the Minister of Supply Dr. Khalid Hanafi explained the development of trade of interior ministry ended the announcements made preliminary identification of land that can be invested for this project, including 46 acres in Dakahlia, 96 acres in the lake and 43 acres in the industrial area of Beni Suef a drainage system acres in Luxor 16 Feddans, Fayyum 25 Feddans, Assiut 41.5 at the industrial zone in Port Said 120, New Aswan 50, in Ismailia and 21 nassriah province to the side of the vacant land and untapped company affiliated to the Holding Company for Food Industries.

Dr. Khalid Hanafi, said the Supply Minister explained that the development of internal trade and participate in the implementation of the plan to develop internal trade and the establishment of business centers and logistics commercial chains modern markets and the development of random markets so as to achieve the desired goal of reducing prices and the provision of goods.

It will be two months after also provide (500) a payload of one and a half tons to participate in the implementation of this project, as is the adoption of the necessary funding to cover (2000) a car carrying cargo quarter ton marketing outlets mobile, she noted that the Fund is currently preparing a comprehensive study of the work on the integration of the small projects and micro-enterprises operating in the informal sector to the formal sector through a package of incentives, non-traditional provided by the bodies concerned in the state and this vital activity.

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