Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, discussed with Minister of Industry Khaled Hashem ways to accelerate the development and efficiency of industrial zones through stronger partnerships with the private sector.
The move is part of the state’s broader plan to localise industry and enhance the national economy’s competitiveness.
During the meeting, Rostom stressed that the industrial sector remains a key driver of sustainable economic growth. He noted that recent economic indicators show clear improvement, supported by government policies aimed at strengthening the sector.
Growth in the second quarter of the current fiscal year reached 5.3 percent, largely driven by the expansion of the non-petroleum manufacturing sector.
Minister Rostom said that this progress highlights the Egyptian economy’s ability to recover and withstand external shocks.
According to him, the government is working in coordination across ministries to address infrastructure challengesto sustain this momentum. Rostom also emphasized prioritizing Upper Egypt governorates, describing them as promising areas with strong economic potential that can support balanced regional development and improve living standards.
For his part, Minister Hashem reaffirmed the Ministry of Industry’s commitment to completing industrial facilities to boost the performance of industrial zones and increase their attractiveness to investors.
He pointed to growing local and global demand for fully serviced industrial land ready for construction and operation.
Hashem also underlined the importance of private sector involvement, noting that it will play a central role in completing infrastructure in targeted industrial zones, given its ability to deliver projects efficiently and at speed.
