Over $2B investment in 9 key Egyptian industrial projects during 2023

The Minister of Industry, Ahmed Samir, announced the signing of 12 agreements and partnerships in nine integrated industrial projects, with a total investment exceeding $2 billion during 2023. These projects span sectors such as agriculture, pharmaceuticals, metals, chemicals, and electric cars, and are part of the industrial partnership initiative involving Egypt, the Emirates, Jordan, and Bahrain.

 

Samir highlighted the ministry's achievements throughout 2023, emphasizing its commitment to developing the Egyptian industry and boosting exports to global markets.

 

In terms of industrial lands, the ministry allocated 1,099 plots covering a total area of 4.167 million square meters to investors in 2023. The total number of units in industrial complexes reached 3,298 across 16 complexes. The Housh Issa Industrial Complex in Beheira Governorate was inaugurated, featuring 864 industrial units in various sectors.