Prime Minister Moustafa Madbouly witnessed the inking of a memorandum of understanding between Micro, Small and Medium Enterprises (MSMEs) and East Port Said Development Company on supporting and developing small and medium-sized enterprises in the industrial zone in East Port Said.
Madbouli renewed the keenness of the state with the sector of micro, small and medium enterprises and entrepreneurship and working on providing more facilities and incentives to this important sector.
The memo aims at providing suitable and sustainable job opportunities via the development and boosting of the sector of small and medium enterprises and entrepreneurship in addition providing a suitable environment including the necessary infrastructure, the equipped industrial areas and basic services to be up to the strategy of the state towards the urbanization of Sinai in addition to providing encouraging and investor-attractive environment for small and medium industries.
The MoU includes working on presenting technical support to developing small and medium enterprises inside the small and medium industries in the industrial zone in East Port Said via providing funding sources, presenting consultations and providing modern technologies and training programs.
