{"id":145775,"date":"2019-09-26T00:06:24","date_gmt":"2019-09-25T22:06:24","guid":{"rendered":"http:\/\/almowatna.news\/?p=145775"},"modified":"2019-09-26T00:06:24","modified_gmt":"2019-09-25T22:06:24","slug":"implementation-ofe15m-grant-deal-eib-started-6-governorates-official","status":"publish","type":"post","link":"http:\/\/almowatna.news\/?p=145775","title":{"rendered":"Implementation of\u20ac15M grant deal with EIB started in 6 governorates: official"},"content":{"rendered":"<p>Head of the human and community development sector at the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mohamed Massoud said that work has started for implementing the 15-million-euro grant agreement signed with the European Investment Bank (EIB).<\/p>\n<p>In statements to MENA on Wednesday, Massoud added that contracts have been signed for implementing infrastructure projects in six governorates; namely Assiut, Menoufia, Alexandria, Port Said, Sharkeya and Giza with a view to creating an atmosphere favorable for the growth of small-sized projects.<\/p>\n<p>Massoud noted that a loan worth 45 million euros was also signed for financing small-sized projects.<\/p>\n<p>The value of the contracts signed with the six governorates hit EGP 113 million for the first phase, while the remaining sum will be delivered as part of the second phase in 2021, Massoud said.<\/p>\n<p>The draft law of small and medium-sized enterprises (SMEs), which will be submitted to the House of Representatives during its coming session, aims to regulate tax and non-tax incentives related to the micro, small and medium-sized projects in addition to the incentives offered to companies and facilities supporting such projects, he pointed out.<\/p>\n<p>The SMEs bill also sets out several factors that will help integrate both official and unofficial sectors, he said.<\/p>\n<p>Egypt Today <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Head of the human and community development sector at the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mohamed Massoud said that work has started for implementing the 15-million-euro grant agreement signed with the European Investment Bank (EIB). In statements to MENA on Wednesday, Massoud added that contracts have been signed for implementing infrastructure projects [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":145776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[2484,21486,50516,44174],"class_list":["post-145775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-egypt","tag-eib","tag-mohamed-massoud","tag-msmeda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Implementation of\u20ac15M grant deal with EIB started in 6 governorates: official | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/almowatna.news\/?p=145775\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Implementation of\u20ac15M grant deal with EIB started in 6 governorates: official | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632\" \/>\n<meta property=\"og:description\" content=\"Head of the human and community development sector at the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mohamed Massoud said that work has started for implementing the 15-million-euro grant agreement signed with the European Investment Bank (EIB). 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