The report highlighted Egypt’s ongoing efforts to localize and expand domestic industries. It reveals that industrial exports surged by 73.8%, reaching $32.5 billion in FY2023/2024, compared to $18.7 billion in FY2013/2014, an increase of $13.8 billion.
Egypt’s non-petroleum manufacturing sector recorded a 5.9 percentage point increase in growth, reaching 7.1% in Q1 FY2024/2025, compared to 1.2% in the same period of FY2013/2014, according to a Cabinet report.
The report highlighted Egypt’s ongoing efforts to localize and expand domestic industries. It reveals that industrial exports surged by 73.8%, reaching $32.5 billion in FY2023/2024, compared to $18.7 billion in FY2013/2014, an increase of $13.8 billion.
Additionally, the number of industrial zones grew by 21.5%, rising from 121 zones in 2014 to 147 zones in 2024.
Public investments in non-petroleum manufacturing also saw a substantial increase of 205.8%, reaching EGP 15.9 billion in FY2023/2024, compared to EGP 5.2 billion in FY2013/2014.
The report outlines several government initiatives supporting the industrial sector, including the National Industry Strategy (2024-2030). This strategy aims to increase the industrial sector’s contribution to GDP to 20% by 2030, up from 14%.
In addition, the government has launched an urgent industrial development plan in 2024, focusing on seven key pillars to accelerate growth.
One of the key initiatives is the Industrial Investors Financing Program (2024), which allocates EGP 30 billion in financial facilities for private sector investors to purchase machinery, equipment, and production lines.
This program targets seven priority industries, including pharmaceuticals, food processing, textiles, and garment manufacturing.
Another major initiative is the Petroleum and Mineral Resources Ministry’s 2024 Gas Debt Repayment Program, which aims to ease financial burdens on industrial investors.
Under this program, approximately 1,700 industrial clients, representing 50% of total industrial gas consumers, are allowed to settle overdue gas payments with a minimum upfront payment and no interest charges.
The report also highlights key industrial cities in Egypt, including Robeiky Leather City, which spans 506 acres. The city has 213 operational factories in its first phase, 135 factories in its second phase, and 43 ready-to-use factories available in its third phase.
Another prominent project is Gypto Pharma City, the largest pharmaceutical hub in the Middle East. The city currently produces 65 million medicine packages annually, with plans to increase production to 150-200 million packages per year, positioning Egypt as a regional and global pharmaceutical manufacturing center.
The Silo Foods Industrial City is another key development, focusing on meeting the demands of Egypt’s school nutrition program and producing essential food commodities at competitive prices for both local and international markets. The city spans 17 acres and has a production capacity of 750,000 tons.
