Cairo: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir chaired the 32nd meeting of the Ministerial Committee for Industrial Development. During the session, the committee focused on addressing financial challenges faced by ceramics and porcelain manufacturers in Egypt, specifically concerning the rescheduling of debts owed to the Ministries of Petroleum and Electricity.

According to State Information Service Egypt, the committee also explored the possibility of providing temporary industrial incentives or special advantages to one or two of the 28 investment opportunities identified by the Ministry of Industry. The aim is to enhance industrial investment in strategic industries that serve as essential inputs to various sectors.

The meeting further highlighted the necessity of fully implementing all incentives outlined in the Investment Law and the Law on the Preference for Local Products in Government Procurement.