DEVELOPMENT EQUILIBRIUM AND INTEGRATION 5من اصل6

Such a negative Impact would drastically change the structure of the entire
market, and poison the Investment environment and expel the majority In
favor of a minority.
At this point, we have to look back at the current situation in Egypt and
check if it addresses the necessity for size and scale development
equilibrium and balance among various economic sectors. The state is
mainly concentrating on large scale investments and institutions, and to a
lesser extent upon the smaller scales, while neglecting all those bodies in the
middle. When it comes, for instance, to real estate development, the state
markets huge plots of land with hundreds of acres to develop; a scale that
could only be addressed by mega institutions with very high capital. On the
other hand, the state also provides the public with individual plots of land,
while totally neglecting the medium sized companies and investments that
could only develop few tens of acres. At this point, those companies would
have to either bow out or accept to work under the umbrella of one of the
larger entities, and accept their harsh terms and conditions. This trend will
eventually put the entire real estate market in the hands of tycoons
that would impose their will in a monopoly offered by the state that did not
aim to create quantitative scale and size development.
Proper development is not only limited to the necessity of a quantitative
and qualitative balance, since it is also important that the state maintains a
balance between local and foreign investments. When the state concentrates
on attracting off-shore investments through opportunities and exemptions,
without giving priority to local investors, it is putting its economy under the
guillotine of foreigners.