How did "start" Initiative face the challenges of localizing the industry?

Eng. Abdul Rahman Omar, a member of the National Initiative for the Localization of Industry "start", revealed the most important challenges facing the localization of industry, foremost of which is the time factor, the multiplicity of mandates, and repeated procedures in one and another, in addition to problems related to facilities.

Localization of industry

He explained the national dialogue sessions related to the economic axis witnessed agreement on the type of challenges facing the localization of industry in Egypt, and this is a very positive thing.

He drew attention to the fact that these challenges require finding solutions to them, by developing a clear map of the legislative environment for industrial investment and defining the sectors that the state is interested in.

Initiative "start"

A member of the national initiative "start" indicated that he prefers to start setting a clear policy for the types of industrial investment, which will later be considered a locomotive for development.

Members of the National Initiative for the Development of Egyptian Industry "start" participated last week in the sessions of the economic axis of the National Dialogue, where "M/ Mina Willem" participated in the first discussion session of the Industry Committee in which was titled The reasons for the decline in the contribution of industry to the Egyptian economy, and the challenges of localizing industry and the workforce.

Initiative "start" achievements on the ground since its inception last October to meet the challenges facing industrial investment and impede the deepening and localization of the Egyptian industry.

First: the challenges and obstacles facing factory owners and manufacturers.

The members of the initiative dedicated the industry support axis to work to overcome all obstacles facing factory owners, through:

• Communicating and coordinating with all the competent and concerned authorities in the country, to discuss ways of cooperation to solve problems and resume production in the case of troubled factories.

• Starting the construction of the project in the case of investors, as the axis aims to develop and solve the problems of more than 5,000 factories annually.

• The need to start producing “soda ash”, which President Abdel-Fattah El-Sisi, President of the Republic, pointed out to its great importance in the industrial field.

• The " start " Company for Enterprise Development launched the "Egyptian Soda Ash" company, in partnership with the Egyptian private sector, and in cooperation with the Ministry of Petroleum and Mineral Resources, the Ministry of Business Sector, and the Arab Organization for Industrialization.

The importance of initiating the application of digital transformation in the field of industry

The National Initiative for the Development of Egyptian Industry " start " launched the national project to support the digital transformation of the Egyptian industrial sector, with the opportunity for factories to join the project by applying on the website ebda.com.eg.

Initiative goals

President Abdel Fattah El-Sisi launched The national initiative for the development of Egyptian industry, " start " in April 2022.

It aims to enhance the role of the private sector in localizing the industry, reducing the import gap, rehabilitating Egyptian workers, overcoming obstacles facing faltering factories, and constructing new factories in Egypt.

  The " start " initiative is also an economic arm of the "Decent Life" initiative, and its objectives are integrated with the country's national goals, international commitments, and efforts towards achieving sustainable economic and social growth, providing clean energy solutions, innovation in the industrial field, and responsible consumption and production.