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ASSOUNA & ABOU ALI 

Attorneys At Law
Cairo, Egypt

   
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Legal Bulletin

New Rules for Private Free Zone Projects Issued

7/22/2008

The Investment Authority approved new rules for the establishment of private free zone projects, including minimum capital of EGP 200 million, 50,000 or more area of land as well as the use of extensive labor and new technologies. The new rules also affirm the conditions introduced by Law 114 of 2008 prohibiting theestablishment of any steel, fertilizers or liquidification and transportatio nof natural gas as private free zone projects.

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