Sisi: We Work on Establishing Msmes to Curb ImportsSource: www.export-egypt.com 11/26/2019, Location: Africa |
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 President Abdel Fattah El Sisi said Tuesday that the state has been working on establishing micro, small and medium-sized enterprises (MSMEs) to display their products before businessmen and investors with the aim of curbing imports from abroad.
During the inauguration of a number of projects in Port Said and Sinai, the president said the state has a plan to manufacture components during the coming period to display them to businessmen and investors. He also said directives have been issued for facilitating licences of MSMEs which include shoe, textile, ready-to-wear and engineering factories. President sisi said the state is keen on overcoming all challenges and impediments that undermine industrialization, pointing out that such projects must be supported to start operation, increase production, find chances for exports and curb imports. |
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