Egypt unveils an implementation roadmap for its industrial strategy, identifying seven priority sectors for development.

Source of Information | Mude Economic and Trade Research Society

Egyptian President Abdel Fattah el-Sisi recently chaired a special working meeting, heard a report on the implementation progress of the “National Industrial Strategy 2026–2030,” and outlined key tasks for the next phase. Egyptian Prime Minister Mostafa Madbouly and Minister of Industry Amr El‑Sheikh attended the meeting.

According to Mohamed El-Senawy, spokesperson for the Egyptian Presidency, the strategy aims to boost Egypt’s non-oil exports to US$100 billion by 2030 by establishing a comprehensive industrial framework. The strategy was jointly developed by the Egyptian government and the private sector, including the Federation of Industries, the Federation of Chambers of Commerce, and the Export Council.

At the meeting, Minister Hashim reported that, following an initial screening of 16 industrial sectors and based on criteria such as export competitiveness, industry complexity and diversification, potential for localization and foreign investment attraction, alignment with national strategies, value added, and strategic importance, the strategy has finalized seven priority development areas: ready‑made garments, textiles, food processing, pharmaceuticals, automobile manufacturing, electrical equipment manufacturing, construction machinery, and the electronics industry.

At the meeting, Sisi explicitly instructed that all strategic initiatives must be broken down into specific timelines and phased objectives. He emphasized that Egypt should deepen its integration into global supply chains and consolidate its position as a regional industrial and export hub with broad reach into international markets.

The automotive industry has been designated as a strategic core pillar sector. According to Hashim, the industry boasts strong investment‑attracting capacity and significant technology‑spillover effects. Egypt is continuously introducing complementary support policies under its National Automotive Industry Development Plan to draw major global automakers to establish operations in the country. President Sisi emphasized the need to accelerate the localization of both complete vehicles and auto parts, while expanding production capacity for new‑energy vehicles, thereby aligning with the nation’s broader green‑economy development strategy.

The meeting reviewed the roadmap for the localization of the steel industry. Sisi stated that it is necessary to expand the scale of locally produced supporting industries for heavy manufacturing, strengthen the domestic supply chain, reduce reliance on imports, and enhance the added value of the national economy.

In the realm of green transformation, Egypt is advancing its “Industrial Solar” initiative, which aims to install photovoltaic systems on the rooftops of approximately 7,000 factories nationwide—roughly 10% of the country’s industrial base—with a total installed capacity target of 1,000 megawatts. According to Hashim, this effort seeks to enhance industrial sustainability, reduce energy costs, and promote the widespread adoption of clean production practices.

Hashim also presented the “Egypt–Africa Industrial Integration Initiative,” which aligns with the African Union’s Agenda 2063 and seeks to strengthen economic cooperation and industrial integration among African nations. President Sisi emphasized that Egypt must seize the opportunities offered by the African market, deepen strategic partnerships, and leverage regional industrial integration to boost intra‑African trade and enhance the value added of Africa’s indigenous resources.

At the conclusion of the meeting, President Sisi urged all relevant authorities to rigorously align their implementation of strategic tasks with the established timeline, accelerate the digital transformation of the industrial sector, broaden and deepen private-sector participation in manufacturing, swiftly remove all obstacles hindering industrial investment, and significantly increase investment in vocational skills training to provide a robust talent pool for industrial development.

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