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Ministry of trade to support the development of small and medium-sized industrial projects




Mounir Fakhri Abdel Nour, Minister of Industry and Trade of small and medium-sized enterprises said that cooperation between the Social Fund for Development and the Council of Industry of technology and innovation comes in the framework of the ministry's strategy to achieve coordination and integration between all entities that operate under the umbrella of the Ministry's work, with the aim of supporting the development of small and medium-sized industrial projects, which represent The bulk of the production structure of the Egyptian economy through the exchange of information and the provision of industrial database and marketing activities associated with these industries.


 " The cooperation includes the provision of a package of financial and non-financial services, technical support and training for the development of small and micro enterprises in various industrial fields and the provision of technical consultancy and the preparation of studies of pilot innovative and directing projects towards global trends in terms of process productivity, as well as provide funding for the creation of small projects new or expansion of existing ones, pointing out that the aim is to improve the final product and raise the competitiveness of these projects and work to increase employment in line with the objectives and does not conflict with the systems and procedures "  Abdel Nou said 

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The minister explained that the beneficiaries of this collaboration categories are the owners of new projects through their support for the latest technology in various industrial fields and owners of existing projects through the transfer of modern technology to and techniques in various industrial fields as well as young graduates of both sexes who are interested in the establishment of new industrial projects, professionals and artisans traditionalists required develop their business to keep up with the times.
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