Attempts to resolve problems that have halted production in various factories are being undertaken by the government in order to allow them to resume operations in full capacity, said Prime Minister Ibrahim Mehleb.
Mehleb had met with the Minister of Manpower and Immigration, Chairman of the Egyptian Trade Union Federation (ETUF) and the Chairman of Syndicates in that regard.
“This critical period for Egypt requires that we change the Egyptian culture in order to raise the value of work,” said Mehleb, in a cabinet statement.
The Prime Minister stressed on the necessity of caring for workers’ rights and insurances, as well as training them in order to increase their capabilities.
Addressing the people, he said: “You represent Egypt’s labour; you have a large responsibility regarding open dialogues with them, as well as listening to their problems and complaints, and working on solving the issues.”
The government is moving toward enhancing the business environment, whether through resuming the operations of hampered factories or negotiating new investments, according to Ambassador Hossam El-Kawish, the cabinet spokesman.
On Thursday, the Prime Minister as well as the Ministers of Trade and Industry, Investment and Supply met a delegation from The Savola Group to negotiate the group’s new investments in Egypt, said El-Kawish.
Mehleb added that “Egypt has a significant place and is recognised internationally. Its market is big with great promising opportunities on the level of agriculture, industry and trade. Furthermore, the Arab investment projects in Egypt are achieving good income”.
Mehleb assured that his government seeks to simplify administrative and routine procedures as well as allow the availability of lands for investors.
“We are working on allowing The Savola Group all possible ways in order to allow its business in Egypt to succeed, as well as encourage it to pump more investments during the next period by facilitating the procedures of required licences,” said Minister of Trade and Industry, Mounir Fakhry, and Minister of Investment, Ashraf Salman.
According to the cabinet statement, Minister of Supply, Khaled Hanafi, said they are in discussions with The Savola Group for the possibility of supplying a new grocery chain.
The statement mentioned that the group launched a retail company in Cairo that would bring a chain of huge consumer markets under the name of Panda in many areas in Cairo and other governorates. The retail markets would open their first branches next September.
According to the statement, the group is working now on reclaiming 63,000 acres of land to produce beets and has a factory for producing pasta, which is considered the third globally in terms of size. They also have a factory for producing dairy products and juices.