Cairo: The Ministry of Industry announced on Monday that 28 priority industrial sectors have been identified to strengthen domestic manufacturing, meet local demand, and reduce reliance on imports. The initiative encourages investors to bring in new capital or expand existing operations in these targeted areas, which the ministry considers vital to the country's economic development.
According to State Information Service Egypt, the manufacturing sector is one of the five priority sectors the government has focused on to drive economic growth and job creation under Egypt's newly launched Economic Development Narrative. This narrative outlines a roadmap for the national economy through 2030. The ministry stated that sectors were selected based on criteria such as energy availability and cost, labour costs, access to raw materials and existing facilities, production technologies, local market demand, and Egypt's geographic position as a regional hub.
The 28 targeted sectors span advanced manufacturing and green technologies. They include solar and wind energy components, electric vehicles and parts, industrial software, desalination systems, pharmaceuticals, aluminum, electrical transformers, seamless pipes, water pumps, motors, cosmetics, polyester, soda ash, electric generators, inks, smart electrical components, recyclable materials, HVAC systems, elevators, surveillance systems, robotics, green hydrogen, petrochemicals, textiles, health-focused food products, leather goods, and iron and steel derivatives.
The ministry's roadmap aligns with Egypt's broader industrial strategy to enhance competitiveness, attract investment, and support sustainable growth.