Cairo: Minister of Industry Khaled Hashem has announced a significant policy change aimed at facilitating investment in industrial zones. The issuance of Decision No. 73 of 2026 marks an amendment to the previous Decision No. 374 of 2025, which regulated the disposal of industrial land and facilities.

According to State Information Service Egypt, the updated regulations are designed to streamline procedures for investors and enhance the utilization of existing industrial assets. The new rules allow for the leasing of factories in industrial zones, provided several conditions are met. These conditions include the completion of 100% of the building license, absence of construction violations, acquisition of an operating license and industrial register, demonstration of operational commitment for at least one year from the start of actual production, and settlement of the full land price.

Investors will also need to cover standard costs as determined by the Industrial Development Authority (IDA). This initiative is part of a broader strategy by the Ministry to foster a more flexible investment environment and expedite industrial growth. Minister Hashem emphasized that the decision aims to create more opportunities for investors and support the country's industrial development efforts.