Engineer Hazem El-Ashmouni, Governor of Al-Sharkia, emphasized that investment represents the cornerstone of economic and social development, as it is one of the main factors to improve the economy. He pointed out that the governorate is working to create an appropriate environment for investors to contribute in improving the income levels, driving the economy and increasing production to achieve the desired development in all the service sectors.
This occurred during his chairmanship of the Industrial Zones Board of Directors meeting to discuss and review the requests which were submitted by the investors, identify the problems they face and find urgent solutions to ensure the continued operation of the production cycle and attract more investments, in order reduce imports and achieve the self-sufficiency.
The meeting began by discussing a number of 11 requests submitted by the investors regarding the approval of (factory lease, rental relationship, proof of legal heirs, transfer of ownership, renewal of rental relationship and addition of a commercial feature). The meeting was held to take the necessary action in accordance with the law and the public interest, while adhering to the civil protection requirements to protect lives and property.
During the meeting, some of the problems that face the investors in the Belbeis Industrial Zone were reviewed. The governor emphasized the need to hold coordination meetings between the Investors Association's Board of Directors, officials from the drinking water and electricity sectors and Belbeis Center leadership to find urgent solutions that will contribute in boosting the economy and increasing the national income.