Cairo: The Ministry of Industry has announced the launch of the 12th round of allocations for serviced industrial lands, offering 1,128 plots with a total area of 6.2 million square meters across 26 industrial zones and cities in 16 governorates.
According to State Information Service Egypt, the available plot sizes range from 190 square meters to 500,000 square meters, catering to various industrial activities in line with each governorate's comparative advantages. The ministry noted that the offering will run from October 29 to November 6, through the Digital Industrial Egypt Platform (madein.eg), with allocation results to be announced on November 24.
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel al Wazir, stated that this offering aligns with President Abdel Fattah El Sisi's directives to advance the industrial sector, localize production chains, and enhance the competitiveness of domestic industry, transforming Egypt into a regional industrial hub. The offer targets a wide range of industries, including food, engineering, chemical, pharmaceutical, textile, and building materials sectors.
The Industrial Development Authority (IDA) will review and evaluate all submitted applications promptly after the deadline, based on precise technical and financial criteria, to ensure that land is allocated only to serious and viable projects. Wazir stated that the plots are available for ownership or usufruct (right of use) at the cost of infrastructure and utilities, in accordance with the prime minister's directives to reduce investors' financial burdens. The annual usufruct fee will amount to 5% of the land's sale value per square meter, he added.
He emphasized that the offer maintains the same facilitation approved in previous rounds, including a 50% reduction in application study fees, elimination of bid submission and financial guarantee requirements, reducing the down payment for reservation to 10% of the land's value, and simplifying the feasibility study model.