Egypt eyes establishing 450-factory complex in south Port Said industrial zone

Minister of Industry and Transport Kamel El-Wazir announced this during the ministry's weekly meeting with investors from various Egyptian governorates.

This initiative is part of Egypt’s broader strategy to localize industries and boost the industrial sector’s contribution to the national economy.

The government aims to raise the industrial sector’s contribution to the GDP to around 20-30 percent, up from the current 14 percent.

The proposed factories will serve small-scale industries in sectors such as textiles, ready-made garments, engineering, food processing, and chemicals.

The factory units will be 250-500 square metres and equipped with essential services, including fire stations, ambulances, police stations, warehouses, service areas, sales outlets, workshops, and exhibition spaces.

Moreover, the meeting reviewed the current status of Port Said's industrial zones and complexes.

Port Said boasts five industrial zones covering a total of 26,211 acres, including the southern extension of the Port Said (Al-Raswa) industrial zone, which spans 797.4 acres.

The other zones are the extended south Port Said “Raswa” industrial area (367.4 acres), the Port Said Public Free Zone (183 acres), the new Port Said industrial area (1,289 acres), and the East Port Said Industrial Zone (23,574 acres), which is part of the economic zone.

In addition, three other industrial complexes exist: a small and medium-scale complex in El-Raswa (43.2 acres) with 58 factories (10,392 square metres) and the "3 July" factory complex (13,065 square metres), both located in the industrial zone south of Port Said.

The meeting also highlighted the progress of land allocation and infrastructure development across these areas.