Aboul Enein Calls for Establishing More Industrial Cities Nationwide

President of the Cleopatra Real Estate Company Mohamed Aboul Enein called on Sunday for establishing more specialized industrial cities in each governorate.

Aboul Enein was speaking during the Future Cities of Egypt Conference, which was held in Cairo in the presence of heads of real estate companies and investors.

"The industry is the first and main for development," Aboul Enein said, citing what happened in China, Malaysia, and India in terms of the Fourth Industrial Revolution.

[caption id="attachment_95512" align="aligncenter" width="1024"] Head of Cleopatra Real Estate[/caption]

The prominent businessman pointed out that industrial cities which give value added to the national economy.

Aboul Enein also called for building economic cities with different nature, which have special laws giving privileges for investors, a matter which lure more investments into the country.

[caption id="attachment_95514" align="aligncenter" width="1024"] Business Tycoon Speaks during The Conference[/caption]

He urged business people to develop a marketing plan for the Egyptian real estate projects and inviting experts to benefit from their expertise in this domain.

During his speech, he thanked the political leadership and the Egyptian workers for their great role in pushing forward the development process, expressing his pride for what Egypt nowadays witnesses.

[caption id="attachment_95509" align="aligncenter" width="1024"] Aboul Enein Shakes Hands with Attendees[/caption]

He also thanked the Armed Forces for their efforts in maintaining the country's security and stability, which created an investment-friendly climate and attracting investors here.

The conference is co-organized by the Al-Iktissad Wal-Aamal Group and the Housing and Investment Ministries in collaboration with the Union of Arab Chambers and the Federation of Egyptian Chambers of Commerce and the Egyptian Businessmen Association, as well as the Egyptian Lebanese Businessmen Friendship Association, and the Egyptian Real Estate Council.