Egypt’s Minister of Industry Khaled Hashem held an expanded meeting with senior ministry officials and representatives of the Egyptian consultancy firm Decode to review the latest developments in the preparations of the country’s new industrial strategy.
Minister Hashem stressed that the ministry aims to build on previously prepared strategies in order to develop a comprehensive plan that embodies its vision and the ambitions of Egypt’s industrial sector.
The strategy is being prepared in co-operation and coordination with Decode for economic and financial consulting, one of the leading Egyptian firms in strategic planning. It had previously worked with the ministry on its 2016 industrial strategy.
The ministry, its affiliated bodies and all staff are committed to fully co-operating with the consulting firm by providing all relevant data, information and proposals needed to assess the current state of the industrial sector and the services offered by the ministry and its agencies to the industrial community. These inputs will support the preparation of the new strategy, Minister Hashem noted.
He also emphasised the importance of the strategy as a roadmap that will guide the ministry’s work in the coming phase, defining the ministry’s priorities as well as key performance indicators for its employees.
The strategy will ensure that the ministry operates with clear objectives rather than merely responding to emerging challenges within the sector, he said.
In addition, it will take into account several key considerations, most notably institutional and environmental sustainability, with a focus on digital transformation and the transition toward a green economy in the industrial sector.
