Services  -  Second

Services provided by General Industrial Development Authority (IDA).

Second : In the field of intensive energy industrial projects

Documents required  :

1- Filling out Form No. 12 for basic data of project.
2- Statement and catalog of machinery and equipment.
3- Engineering drawings of requested area, indicating production units and locations of necessary machinery, equipment and materials.
4- Environmental Affairs Agency's approval.
5- Ministry of Petroleum's approval of supplying the project with natural gas.
6- Ministry of Electricity's approval of supplying the project with electricity.
7- Governorate's or land holder's approval of the site proposed for project.
8- An official exemplification of the company foundation contract (applying internal investment system) or investment sheet in conformity with the governorate's investment regulations.
9- Settlement of standard costs.
10- Unconditional letter of guarantee (to ensure seriousness), issued by an Egyptian bank for the benefit of land holder, valid for 18 months and valued at LE50 per square metre.

11- Payment of LE5000 for inspection.

12- 3 cadastral maps of site indicating coordinates and accredited by the governorate property authority with electronic copies.

13- Approval of the National Centre for Planning State Land Uses.

14- Land holder's approval.

Executive Measures:

1-   The investor is to fill out Form No. 12 and submit it to the central department for public industrial zones.
2-  The department will send the investor a notice asking for supplementary documents and approvals of competent authorities to start procedures
3-The competent technical department is to study the project technically according to the standards of each industry.
4-  The land will be allocated in conformity with the methodology accredited by the minister on 19/10/2006 as follows:
a - Land allocation by concession (LE2 per square metre) for 40 years.

 b - Land allocation by ownership (LE50 per square metre), and 10% of land price is to be paid upon allocation with a 3-year grace period. The remainder is to be settled at seven annual installments and at the interest fixed by the National Investment Bank.

c- Land allocation by partnership with the Ministry of Industry as a share in kind, estimated at LE75 per square metre without utilities.

5- After finishing technical study and submitting all documents and approvals, the investor will be requested to pay standard costs according to regulatory decrees.

6- Unconditional letter of guarantee, issued by an Egyptian bank for the benefit of IDA, valid for 18 months and valued at LE50 per square metre before approval of the project establishment.

7-After submitting the letter of guarantee, the approval will be issued and a copy is to be delivered to the investor and the original is to be sent to the competent land holding authority.

Application for Modification of Approval of Industrial Projects outside Industrial Zones in Governorates