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Investment

An overview of the investment

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Under the state's keenness on the establishment of industrial zones in the various governorates to achieve regional development and provide employment opportunities for the inhabitants of these governorates instead of their emigration to other governorates as well as providing the needs of the citizens of the governorate and other neighboring governorates of goods and services, two big industrial zones were established, the first in Mubarak Industrial zone and the other is in Sadat City.

Factors of investment in Monofeya Governorate:

Investment in Monofeya Governorate dapends on some basic elements:

1-Infrastructure:

It could be considerd the most essential facto. Monofeya Governorate has achieved great rates of this infrastructure that provide a good atmosphere for investment.Those elements could be summarized as following:

a-Energy:

Nets of electricity cover most cities and villages of the governorates.Furthermore,those designed powers of nets exceed than the actual needs.So,the governorate is ready to supply any project with the necessary electric power.On the other hand,the net of natural gaz is spreaded in some cities of the governorate 

b-Roads and Transportation:

Monofeya Governorate is located in the middle of Delta District connecting all the other cities by regional subways and railways which facilitate transportation.

c.Tele-communication:

Monofeya Governorate has a progressive local and international telecommunication which covers most of the governorate to ensure the needs of the investors.

d. Water For Drinking:

Water is available in all cities and villages of the governorate.

2. Human Resources:

Monofeya Govenorate is known by brilliance of its citizens and that it has the highest rates of education in Egypt either in university or shools. In Monofeya, there is Monofeya University with its branches, colleges and institutes that reached 22 colleges and institutes that help to graduate the best human cadres in different scientific, administrative and technological specializations. Normally, that ensures a wide horizon for the investors to choose the most suitable cadres to satisfy their needs that saves effoerts.

3. Natural Resources:

Monofeya Governorate is considered as the biggest agricultural governorate, the planted area reached 325,894 feddans from the best planted area.

Strategic Position And Marketing:-

Momofeya is located in a discriminative location among Delta Governorates that facilitates marketing of their production inside and outside the governorate,in addition to being near to the main ports by which it facilitates the operations of exportation.

Chamber Of Commerce in Monofeya

The Chamber of Commerce was established in 1941, a public institution with its own legal personality and competence represented in the economic interests of trade, industry, and other services to the public authorities. It is a person of public law and subject to the law No. 189 of 1951 as amended by Law No. 6 of 2002 and the the Chamber of Commerce of the Al-Monofeya, many of the tasks necessary to serve the areas of investment and development, including:

1.The collection of information and statistics on commercial and economic activity in the preservation and analysis and dissemination process and the preparation of monthly economic reports on the state of the markets.

2. The issuance of the certificate of origin certificate and engage in trade and trade leaving certificate and certificates required for renewal of commercial register.

3. Identifying business practice.

4. Caring ethics, traditions and the commitment to honor charter and commercial awareness. 

5. The follow-up and control of commercial activities and monitor various obstacles and work to solve them in coordination with the concerned bodies.

6. The representation of the profession of trade and the common interests of dealers by the public authorities and the judiciary in the jurisdiction of the chamber and the General Union of Chambers of Commerce with jurisdiction on the national level.

7. Traders representation on boards and committees and meetings related to economic activity and trade, expressing opinions, and providing  expertise and technical advice on trade and economic issues.

8. Resolving disputes between traders through conciliation and arbitration.  

9. The revitalization of the sales in markets through the establishment of permanent and temporary exhibitions. 

10. Raising the level of expertise and efficiency between traders and their respective employees through seminars, conferences and training courses.

11. The creation of markets, museums, commercial and industrial schools, other enterprises, and industrial and commercial institutes. 

12. Contributing to the provision of job opportunities for youth and rehabilitation in the light of the requirements of the labor market through various training centers established by the chambers.

 

 

 
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