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). 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. 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. More information...
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