10th of Ramadan Investors Launch ”Buy from 10th Factories First” Initiative to Boost Industrial Integration
hamdy Abdelrashid
Eng.Ingie faltas, Head of the Industry Committee at the 10th of Ramadan Investors Association, emphasized the critical need for integration among the city's factories and the reliance on local feeder industries for production lines as a strategic alternative to importing from abroad.
Launching an Initiative to Support Local Industry
These statements were made during a committee meeting held to explore ways to maximize the utilization of Egyptian feeder industries. The meeting witnessed the launch of a campaign under the slogan "Buy from 10th Factories First." This initiative aims to highlight local factories that produce spare parts and production line components, which some investors currently import simply due to a lack of awareness of their local availability.
Dr. Hala Mohamed Salah El-Din, Director General of the Association, pointed out the immense importance of utilizing the association's electronic platform to support this initiative. The platform serves a massive database encompassing 15 industrial sectors and approximately 4,800 companies.
Challenges and Demands for the Minister of Industry
The meeting, attended by several association leaders and board members—including Dr. Sobhi Nasr, Ayman Reda, Eng. Adel Ismail, Eng. Adel El-Shennawy, and Eng. Mahmoud Sultan—discussed a package of challenges and demands facing the city's industrial sector. These points are being prepared for presentation to Eng. Khaled Hashem, the Minister of Industry.
The most prominent issues discussed include:
Land and Warehouses: Amending the laws and regulations for industrial land allocation, and demanding that warehouses be allocated through a public auction system.
Green Economy: Facilitating the establishment of major factories specialized in recycling industrial waste to support the transition toward a green economy.
Competitiveness and Operations: Reconsidering the decision to reduce weekly factory working hours to 42, given its direct negative impact on production competitiveness.
Infrastructure: Expediting the provision of missing basic infrastructure in the 710-acre zone.
Investment Expansions: Addressing the land scarcity crisis in the "6-Million" zone and utilizing equipped but idle hangars to prevent wasted investment opportunities.
Administrative Procedures: Simplifying the conditions and procedures for renewing industrial licenses and registries within industrial complexes.
Alternative Solutions: Demanding the establishment of an industrial complex operating under a financial leasing system as a quick, temporary solution to the industrial land shortage crisis.