• Latest
  • Trending
  • All
  • Egypt
  • Business
  • Local
  • World
Investment zones power Egypt’s push for private sector-led growth

Investment zones power Egypt’s push for private sector-led growth

May 12, 2026
Food exports jump to $2.4b in 4 months

Food exports jump to $2.4b in 4 months

June 18, 2026
UAE sets minimum social media use age at 15

UAE sets minimum social media use age at 15

June 18, 2026
‘Israel seized more land from neighbours since 2023’

‘Israel seized more land from neighbours since 2023’

June 18, 2026
FM holds talks with US, Pakistan, Qatar Saudi Arabia, UAE, Türkiye counterparts on regional developments

FM holds talks with US, Pakistan, Qatar Saudi Arabia, UAE, Türkiye counterparts on regional developments

June 18, 2026
Ukraine hits Moscow oil refinery

Ukraine hits Moscow oil refinery

June 18, 2026
Despite ceasefire agreement,Trump  could resume attacks

Despite ceasefire agreement,Trump could resume attacks

June 18, 2026
Egypt probes technology transfer in blood typing systems with DIAGAST, Think Pro

Egypt probes technology transfer in blood typing systems with DIAGAST, Think Pro

June 18, 2026
Yirenkyi’s last-gasp winner seals 1-0 victory for Ghana over Panama

Yirenkyi’s last-gasp winner seals 1-0 victory for Ghana over Panama

June 18, 2026
Rodriguez starts as Colombia return to World Cup

Rodriguez starts as Colombia return to World Cup

June 18, 2026
England beat Croatia 4-2 as Kane scores twice

England beat Croatia 4-2 as Kane scores twice

June 18, 2026
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, June 18, 2026
  • Login

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

Egyptian Gazette
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
No Result
View All Result
Home Egypt

Investment zones power Egypt’s push for private sector-led growth

by Wael Salem
May 12, 2026
in Egypt, Features, Local
Investment zones power Egypt’s push for private sector-led growth 12 - Egyptian Gazette
Share on FacebookWhatsapp

Investment zones have become a central pillar of Egypt’s economic strategy, aimed at accelerating GDP growth, expanding exports, and driving private sector-led industrialization.

Established under Investment Law No. 72/2017, these zones offer streamlined licensing procedures, attractive tax incentives, and customs exemptions.

According to a recent report by the Ministry of Investment and Foreign Trade, the 12 zones operating around the nation have already attracted LE66.3 billion in investments and generated around 77,500 jobs.

“The government works hard to expand private sector participation in the development process,” said economist Abu Bakr el-Deib.

Investment zones power Egypt’s push for private sector-led growth 14 - Egyptian Gazette

“It has introduced a wide range of facilities to encourage investors to establish businesses across the country,” he told The Gazette.

A key feature of these zones is the ‘one-stop shop’ system, which allows investors to complete all licensing and administrative requirements through a single entity.

This significantly cuts time and costs, while improving Egypt’s performance in global ease-of-doing-business rankings.

The zones also come equipped with fully serviced industrial units and integrated infrastructure, including electricity, water, roads, and telecommunications.

As el-Deib noted, this ready-made setup enables projects to become operational quickly and enhances the competitiveness of both industrial and service-sector investments.

Economists highlight that the availability of comprehensive infrastructure lowers operational risks and boosts confidence among foreign investors.

Economist Ashraf Gharab described the investment zones as “a qualitative shift” in Egypt’s development model.

“They link investment attraction with job creation across different governorates, rather than concentrating opportunities only in major cities,” Gharab said.

“This approach strengthens the economy’s capacity to absorb new capital and serves as a vital tool for achieving comprehensive and sustainable development,” he told this newspaper.

Last year, Egypt’s private sector secured $2.9 billion in financing, accounting for about 65% of total investments, according to data from the Cabinet Media Centre.

Investment zones power Egypt’s push for private sector-led growth 16 - Egyptian Gazette

This momentum aligns with the second edition of the “Narrative for Economic Development 2030,” which emphasizes growth, employment, and structural reforms.

The upcoming 2026–2027 fiscal year continues this direction, with the government targeting an increase in the private sector’s share of total investment to 64% by 2030, up from around 59% currently.

It also aims to raise the investment-to-GDP ratio from approximately 17% to 20% in the medium term, with total investments projected to reach LE3.7 trillion.

To build on this progress, the government has launched a three-month promotional campaign for investment zones.

Investment Minister Mohamed Farid said the initiative seeks to raise awareness of the available incentives and expand utilization of the zones, while highlighting their role in driving investment, job creation, and exports.

Recent economic studies emphasize the growing importance of Egypt’s economic and logistics zones in integrating the country into global value chains.

Thanks to its strategic location and improving infrastructure, Egypt is well-positioned to become a regional hub for manufacturing and logistics across the Middle East and Africa, economists said.

In parallel, the Ministry of Industry is developing a comprehensive database to promote investments, expand production, and strengthen engagement with small and medium-sized enterprises.

In a notable development, the government recently approved Egypt’s first Special Investment Zone for a major real estate project, valued at approximately LE1.4 trillion.

Investment zones power Egypt’s push for private sector-led growth 18 - Egyptian Gazette

Taken together, these efforts signal a clear shift towards a more dynamic, private-sector-driven economy that spreads opportunity more widely across the country, economists add.

Tags: EgyptInvestment zonesprivate sectorTop_News
ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Gazette Notifications

Would you like to receive notifications on our latest news ?

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.