Cairo: The Ministry of Industry and Trade has announced a new package of deadlines and incentives for stalled industrial projects that have exceeded their allotted timelines. The measures, carried out by the Industrial Development Authority, aim to support committed investors, help factories restart production, and improve the use of industrial land until April 30, 2026.

According to State Information Service Egypt, key measures include a 6-month extension for projects that have completed over 75% of construction, with full exemption from delay fines, to finalize construction, install machinery, and obtain operating licenses. Projects that have completed 50-75% of construction will receive a 12-month extension, with delay fines waived for the first six months only. For those projects with less than 50% completion or no construction at all, an 18-month extension is granted, with fines waived for the first six months.

Projects with land previously reclaimed but still unallocated may reapply at the current approved price, provided they demonstrate commitment. Applications must include updated financial, legal, and technical documents. The Authority will respond within 15 days, starting from the notification of approval.

The package also includes safeguards to ensure commitment, such as restrictions on leasing or activity changes within industrial zones until operational requirements are satisfied. Environmental approvals for additional activities will only be issued once original operations are confirmed. These facilitations aim to support industrial investment, reduce obstacles for committed investors, and ensure optimal utilization of industrial land, while balancing investor support with protection of state assets.