The Egyptian government plans to attract EGP 252.8bn ($5.2bn) in investments to the manufacturing sector for FY 2025/26, Economy Plus reported on September 3, citing the country’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat.
The figure is a 154.1% year-on-year (y/y) jump to actual investments of EGP 99.5bn in FY2023/2024.
Manufacturing is one of Egypt’s largest economic sectors, contributing significantly to GDP and employment, with strong growth in non-petroleum industries such as food processing, chemicals, and building materials. The government is currently working to prioritise the sector through increased private investment, industrial zones, and incentives aimed at boosting exports and competitiveness.
According to the investment plan, the private sector is expected to account for approximately 83% of the planned investments, while the public sector will contribute the remaining 17%. Non-petroleum manufacturing industries are set to capture around 65.6% of total investments, with petroleum-related industries accounting for 34.4%.
Al-Mashat also outlined production targets for the manufacturing sector, with industrial output projected to rise to EGP 6.8 trillion in FY2025/26, up from an estimated EGP 5.7 trillion in the previous year, up 19% y/y.
Data from Q3 FY2024/25 showed that non-petroleum manufacturing was the leading contributor to GDP growth, adding 1.9% to overall economic expansion during the period.
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