South Sinai - A complete Urban Development Master Plan
Sinai: double the size of Belgium, yet underdeveloped.
South Sinai: same size as Belgium, yet underdeveloped.
If we truely wish to succeed and prosper, then we need to do things differently with courage and strength. We propose to layout a master plan for a major urban development of south sinai province by the hands of the best in the world to turn south sinai to compete with the best gulf state. The master plan will include all that is needed to build a modern state from modern housing, roads, bridges, facilities and much
more. Zoning every detail and inviting businessmen to invest.
We propose to have South Sinai or a great part of it as an established Free Zone taking into consideration the legal and special case of sinai, since Sinai is classed as a sensitive land where foreign investment is
limited to 45% and Egyptian ownership not to be less than 55%, the Free zones will still provide other great benefits such as free duties, tax free and ease of doing business.
See the following link that shows Hamriyah Free Zone Business Formation. UAE Company Formation Benefits.