Benha: Prime Minister Mostafa Madbouli toured the industrial products exhibition at the Benha Investment Zone in Qalyubia governorate on Saturday. The premier was accompanied by Minister of Investment and Foreign Trade Mohamed Farid, Minister of Industry Khaled Hashem, Qalyubia Governor Hossam Abdel Fattah, and a host of respective officials.
According to State Information Service Egypt, during the visit, Minister Farid outlined that the investment zone system represents a modern model for integrated development, which combines industrial, commercial, service, and logistics activities in designated locations. This system provides fully-equipped land and units, developed by specialized developers, thus alleviating the state from infrastructure burdens.
Farid further highlighted that the Benha zone specializes in the food and agricultural industries and hosts 60 industrial projects with investments totaling EGP1.1 billion. These projects have contributed to creating over 2,800 direct and indirect job opportunities. Since its commencement in September 2021, the zone has incorporated 147 industrial units along with various commercial and service units.
The investment zone also offers essential services such as a medical point, fire station, bank branch, mosque, and complete infrastructure, including water, sewage, electricity, and communication networks.
During his tour, Madbouli visited several company booths featuring producers of food alternatives, frozen vegetables, meat, poultry, and other food products. He commended the quality of the products, acknowledging their competitiveness in both local and international markets. Madbouli expressed satisfaction with the contributions these industries make toward meeting local market needs and supporting exports, thereby contributing to price stability.
The visit underscored the significant role the Benha investment zone has played in Egypt’s economic development. The General Authority for Investment and Free Zones has requested additional land to expand the zone’s industrial projects in response to growing investor interest.