IMC approves industrial sector urgent problems resolving plan for the coming 6 months: Industry Minister

Daily News Egypt
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Minister of Trade and Industry Tarek Qabil



Minister of Industry and Foreign Trade Tarek Qabil announced that the Industrial Modernisation Centre (IMC) Council approved the amendment work plan of IMC plan during the next six months.

He said the plan aims to resolve urgent problems of the industrial sector and improve the working environment to achieve the results of a positive impact. The plan includes increasing industrial exports, helping stalled factories, saving energy, and strengthening the role of the IMC in the industrial sector development.

“In addition, the work plan targets optimising the return on the industrial sector through by 10% increase annually in growth rates of export companies benefiting from the centre’s services and developing five industrial and professional clusters annually along with developing the value chain of 3 sub-industrial sectors annually,” Qabil said. “IMC has an ambitious strategy to develop the services provided to the industrial sector small and micro industries in particular by providing 570 services for about 304 companies during the next six months.”

Executive Director of IMC Ahmed Taha said that 553 companies have benefited from the centre’s services during the past six months, from July to December 2015.

IMC has succeeded in providing about 1,138 services in various fields such as technical support, financial services, and training and information systems in addition to services were provided by IMC’s employees to customers without holding them any cost. Taha explained that the development of value-added chains programme targeted chemical, food, and engineering industries sectors through a number of projects, which benefited 13 companies until the end of December 2015.

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