Arab Finance: Minister of Supply and Internal Trade Ali El Moselhi has laid the foundation stone for two logistics and commercial zones in Kafr El Sheikh, according to a statement on June 19^th.

Spanning 22 feddans, the zones will see the establishment of commercial, administrative, and logistic projects with investments of up to EGP 6 billion.

The zones will include points of sale and cooling and freezing storages, in addition to wholesale, semi-wholesale, packaging, social, administrative, entertainment, service, and education activities.

The project is set to be inaugurated within 36 months and it will provide 20,000 direct and indirect job opportunities, Deputy Minister of Internal Trade and Supply and Head of the Egyptian Internal Trade Development Authority (ITDA) Ibrahim Ashmawy said.

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