BANKS
INSURANCE CO.
MARINE CO.
G . SERVICES

EAST P.S. PRO.

SOUTH P.S. PRO.
P.S. FREE ZONE

THE PROJECTS HELD IN THE INDUSTRIAL ZONE ENJOYS GUARANTEES AND INVESTMENT INCENTIVES WHICH ARE ENACTED IN THE LAW OF GUARANTEES AND INVESTMENT ALLOWANCES NUMBER 8 OF 1997 AND IS REPRESENTED IN THE FOLLOWING POINTS:-

  • IT IS NOT ALLOWED TO NATIONALIZE OR CONFISCATE THE COMPANIES OR FIRMS.

  • IT IS NOT ALLOWED ADMINISTRATIVELY TO IMPOSE GUARDING ON THE COMPANIES, FIRMS, OR TAKE HOLD OF THEM OR FREEZE ITS ASSETS.

  • ANY ADMINISTRATIVE AUTHORITY IS NOT ALLOWED TO INTERVENE IN THE PRICES OF THE COMPANIES' PRODUCTS OR VALUATE ITS PROFITS.

  • ANY ADMINISTRATIVE AUTHORITY IS NOT LEGALLY ALLOWED TO CANCEL OR STOP LICENSE OF BENEFIT FROM PREMISES OF THE FIRMS PARTIALLY OR TOTALLY PROVIDED THAT THE LICENSE IS VALID.

  • THE COMPANIES AND ESTABLISHMENTS HAVE THE RIGHT TO OWN LANDS FOR BUILDING OR ALREADY-BUILT PREMISES NEEDED TO UNDERGO ITS ACTIVITIES AND EXPANSION PROCESS WHATEVER THE NATIONALITY OF THE PARTNERS OR THEIR PLACE OF RESIDENCE OR THEIR PARTICIPATION RATES IN THE PROJECTS.

  • THE COMPANIES SET UP ON THE INDUSTRIAL ZONE SOUTH OF PORT SAID CAN IMPORT BY ITSELF OR BY OTHERS WHAT IS REQUIRED OF EQUIPMENT OF PRODUCTION, MATERIALS, MACHINES, TOOLS, SPARE ACTIVITIES AND SUITABLE VEHICLES ACCORDING TO THE NATURE OF ITS ACTIVITIES. THEY DON'T HAVE TO REGISTER THESE THINGS WITHIN THE IMPORT'S RECORD. THESE COMPANIES ARE ABLE TO PRODUCE THE PRODUCTS BY ITSELF OR WITH AID OF OTHERS WITHOUT LICENSE OR THE NEED TO BE REGISTERED IN THE EXPORT RECORDS


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