The Port Said governorate attracted EP 1.627 billion worth of investments in 2000 and 2001, Al-Ahram reported. Port-Said received more investments than any other governorate in 2001. These investments were pumped into various industrial, economic, manufacturing, agricultural and service projects.
The comprehensive development project in Port Said, led by the local governor Mustapha Kamel Muhammed has been encouraging investment into the district. Port Said needs to develop its local seaport in order boost transit and other commerce activities. — (menareport.com)
© 2001 Mena Report (www.menareport.com)