Egyptian Media Production City

Egyptian Media Production City
الشركة المصرية لمدينة الإنتاج الإعلامي
Public company
Industry Production company
Founded 1989 (1989)
Headquarters 6th of October City, Giza, Egypt
Key people
Osama Hekal (Chairman)
Website Official website

Egyptian Media Production City (EMPC) is an information and media complex located near Cairo in Egypt.it covers an area of about 35 million square meters (more than 600 feddans).[1]

History

Construction of the project began in 1992. Phase I was completed in the same year. Then President Hosni Mubarak laid the foundation stone for EMPC phase II on 29 May 1994.

Phase II was inaugurated by President Mubarak in June 1996. The EMPC was launched in 2000.[2] Its components are as follows:

According to studies already conducted, a holding company is to be set up to run MPC, with three subsidiaries, one for production, another for services and maintenance and a third for tourism. The company has an authorised capital of LE 2 billion, and a paid-up capital of LE 1.5 billion. Forty per cent of the company's paid-up capital is subscribed by the Radio and Television Union and ten % by banks, while 20-25%, amounting to LE 400 million will be floated for public subscription.

Project goals

The sets and buildings

See also

References

  1. http://www.empc.com.eg/
  2. "Middle East Media on the Move". AT kearney. Retrieved 2 October 2014.

External links

Coordinates: 29°57′40″N 31°1′5″E / 29.96111°N 31.01806°E / 29.96111; 31.01806

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