Prime Minister Mostafa Madbouli reviewed on Monday the main priorities of the Ministry of Investment and Foreign Trade for the coming phase, stressing that the private sector is a key partner in driving economic growth.
Madbouli said the government gives high priority to paving the way for the private sector to lead development efforts. He reaffirmed the state’s commitment to structural reforms and to removing obstacles facing investors, in line with directives from President Abdel Fattah El-Sisi.
The remarks came during a meeting attended by Deputy Prime Minister for Economic Affairs Hussein Eissa and Investment and Foreign Trade Minister Mohamed Farid.
The prime minister said investment and foreign trade are central pillars for achieving a strong economic takeoff. He added that the government aims to build on recent major investment deals to maintain growth momentum.
For his part, Minister Farid presented the ministry’s vision, which targets positioning Egypt among the world’s top investment destinations by 2030 and turning it into a leading regional hub for investment and trade.
Farid said the plan focuses on building a competitive and sustainable economy supported by a business-friendly environment, flexible legislation and effective policies. He added that the ministry is working to create a competitive climate for local and foreign investors and to facilitate foreign trade through integrated legislative and institutional reforms, backed by digital transformation.
He outlined strategic goals including boosting Egypt’s attractiveness for investment, increasing exports, strengthening productive capacities and achieving sustainable trade balance.
Farid said the short-term action plan is based on fast and consistent executive steps to deliver measurable results. Priorities include smart targeting of investment and exports, resolving investor challenges, expanding the export-oriented industrial base, accelerating digital transformation and building an integrated data system to support decision-making.
