1st phase of the Egypt Digital Industrial Platform launched

Ahram Online , Sunday 1 Sep 2024

The Ministry of Trade and Industry launched the first phase of the Egypt Digital Industrial Platform on Sunday in cooperation with the Financial Institutions Operation Technology Company (E-Finance), according to Egypt's Industrial Development Authority (IDA).

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The first phase includes industrial land allocation services, which will be provided through an investment map and by issuing operating licenses with annual notification and follow-up.

The platform would also provide electronic services to industrial investors, whose presence at any authority would no longer be required, including electronic payment services via various payment channels such as bank cards and branches.

Besides providing a secure account containing all information and documents industrial investors entered, the platform will automatically notify the investors of renewal dates for licenses and documents close to expiration.

Launching such a platform aligns with Egypt's commitment to implementing a comprehensive plan to boost its industrial sector, keep up with modern technological advancements, and facilitate investments.

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