Egypt’s Minister of Industry Khaled Hashem has announced a new decision to extend and update a package of relief measures aimed at supporting stalled industrial projects and regulating the use of industrial land.
The decision, effective from May 1 until December 31, 2026, provides flexible deadlines and financial exemptions to help investors complete projects and accelerate production.
Under the new rules, projects with over 75 per cent of construction completed will receive a sixmonth grace period free of penalties, while those between 50% and 75 per cent completion will be granted up to 12 months, with partial exemption from fines.
Projects below 50 per cent completion or with no progress will be allowed up to 18 months, with the first six months exempt from penalties. The measures also apply to projects where land withdrawal decisions were issued but not executed, giving them a chance to resume under revised terms.
The decision introduces final three months extensions for projects that previously received grace periods but failed to prove seriousness, after which land allocations will be revoked.
It also updates rules on leasing, activity changes, and land transfers, requiring proof of genuine operation before ownership changes.
Hashem emphasised that the package balances investor support with stricter land management, aiming to preserve existing investments, encourage local manufacturing, and ensure industrial assets are used productively.
