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The projects established and obtained operating license and industrial register within the 3 coming years from issuing this decree will be granted the following incentives:
- LE15.000 for each job opportunity with maximum 70% of the total annual wages.
- The incentives will be outlaid according to the official documents to pay the following costs:
- Electricity consumption value.
- Fuel consumption value.
- Water consumption value.
- The work owner's share is to be paid to the social insurance.
- Any other government's expenses of the project's operation.
- The following conditions will be applied on the new projects and expansions which their investment costs exceed LE15 million:-
- The labor's obtaining of accredited certificate from the Industrial Training Council.
- The technicians must not be less than 80% of the total number of the factory's labors.
- The labors must be from the same governorate of factory and not to be from the labors work in the branches outside the governorate.
- The previous condition (incentives) applied with 100% on the governorates of Aswan - the New Valley - Minya - Assiut -Sohag - Kena - Luxor and with 50% on Beni Sueif governorate.
- These incentives aren't to be applied on the projects enjoy any taxes exemption or any other incentives.
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