The Egyptian government is focused on attracting more investments and strengthening the private sector’s role in driving economic growth and innovation, according to Minister of Investment and Foreign Trade Hassan El Khatib. He highlighted efforts to boost public-private partnerships (PPP), promote sustainable development, and improve the investment environment by simplifying regulatory processes.
El Khatib noted the state’s priority investment sectors, which include industry, healthcare, agriculture, and renewable energy, with a focus on hydrogen production and energy storage. The government is also encouraging investments in solar energy, electronic chip manufacturing, data centers, and outsourcing.
Additionally, Egypt aims to increase annual exports to $145 billion by expanding into markets in Africa, Europe, Asia, and North America. To achieve this, the government is enhancing global trade relations, removing trade barriers, streamlining customs, and improving logistics to better connect to international markets.