BALADNAEXHIBITION

STARTING POINT TO SUPPORT SMALL ENTERPRISES
the Industrial Modernization Centre (IMC) organized Baladna Exhibition to
support the system of small and medium enterprises, as the Egyptian
government represented in Trade and Industry Ministry is keen on
providing such support. The exhibition was opened by Trade and Industry
Minister Tarek   Kabil on 19th May, 2016 and lasted for four days at Cairo
International Conference Center (CICC).
The exhibition included five sections with three main booths
(Manufacturers of Baladna , Opportunities of Baladna and Innovations of
Baladna). Accordingly, the exhibition gave feeding industries’ sectors an
opportunity to showcase their locally-made products with a view to
marketing these products as alternatives for their imported counterparts for
major industrial companies. Therefore, businessmen visited the exhibition
to know what products can be locally made to meet their needs.
Hence several workshops were organized to increase competitiveness of
feeding industries and raise the awareness of industrial society about the
essential needs and standard specifications required for import. “This
exhibition is very important because it is held within the framework of the
State’s plan of comprehensive economic development. This plan places a
top priority on small and medium enterprises in the current period,” said
Eng. Ahmed Taha, CEO of IMC.
Furthermore, a part of the exhibition was allocated to inform visitors about
the financing opportunities provided by public and private specialized
financing bodies, which were present at the four-day exhibition, to the
entrepreneurs of small, medium and micro enterprises.
Accordingly, Eng. Taha explained that Baladna Exhibition has already
provided a true opportunity to furnish the flats of bride and bridegroom at a
cost of 39,000 EGP, to be increased to 55,000 EGP with electric sets.
Taha added that the IMC signed a contract with Housing and Development
Bank to furnish the housing flats and offer soft loans, while the bank will
pay 75% of the housing unit’s value.