Egypt has strong interest in growing mobile phone manufacturing industry

Prime Minister Mostafa Madbouly highlighted that the government has a strong interest in the mobile phone industry, both for meeting local demand and for export purposes in a recent cabinet meeting.

The government previously revealed it is looking to localize 40% of smartphone production and its total manufacturing input – which includes components, design, development, and software.

The prime minister chaired a meeting today at the government headquarters in New Alamein to discuss advancing the localization of mobile phone manufacturing for export, emphasizing the government’s commitment to enhancing local production and export capabilities in the mobile phone sector.

The PM added that Egypt is working to enhance the business environment to encourage various international companies to be present and manufacture in Egypt, and for the industry to be as large as possible.