CAIRO: In cooperation with the Ministry of Local Development, the Ministry of Housing is set to establish the First Cooperative Handicraft Gathering in Beheira governorate in September, Masrawy reported Thursday.
Minister of Housing Mustafa Madbouli said that this project will be based on four main crafts from which Beheira governorate will choose.
Madbouli said that the project aims to provide a house and a workshop to each participating citizen through a 50,000 EGP loan to be paid back over 30 years. He added that this strategy will be applied nationwide.
Head of General Authority for Building and Housing Cooperatives (GABHC) Hossam Rezq said that there are two conditions for receiving the house and the workshop. Firstly, the benefiting citizen must be productive within a year from receiving the house and the workshop. Secondly, they must be a resident of the governorate and change their official address to the new house’s address in order for the government to make sure they don’t sell or rent these houses.
As a step for flourishing the handicraft sector along with increasing Egypt’s revenues from handicrafts, the Ministry of Trade and Industry held in March 2014 the Egyptian Export Council for Handicrafts, Al Masry Al Youm reported.
During his meeting with the Egyptian Export Council for Handicrafts’ members, Mounir Fakhry Abdel Nour announced that the ministry will arrange promotion missions for the council’s members to most of the world’s countries in order to boost handicraft exports and to increase the sector’s participation in national economy.
During 2013, Egypt’s exports of handicraft products edged up to $583 million, he said, adding that the ministry seeks through delivering promotion missions to increase exports to $1 billion annually.
Hisham Al Gazzar, deputy head of the Egyptian Export Council for Handicrafts, announced that Egypt is among the top ten developing countries in exporting handicraft products, he said, pointing out that the importance of handicraft production lies in offering job opportunities for many people, ensuring income for poor citizens and development of isolated areas, Al Masry Al Youm reported.