Egypt's industrial authority seizes lands from non-serious developers in 10th of Ramadan

Egypt's Industrial Development Authority has begun cancelling industrial land allocations from developers who failed to meet construction deadlines.

• The authority's joint committee, accompanied by security forces, inspected 10th of Ramadan city and cancelled allocations of industrial plots whose owners exceeded time limits.
• The committee acted on directives from Industry Minister Khaled Hashem to accelerate recovery of underutilized state assets and return them to operation.
• The authority said the field campaign follows a strict timetable covering all industrial zones nationwide, aiming to redirect recovered lands to serious investors.
• The authority affirmed recovered lands will be re-listed through approved allocation channels with transparency to ensure equal opportunity.