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Ministry of Industry targets 28 key sectors to boost investment

Businessmen Team news 11 February 2026 08:09 PM
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Ministry of Industry targets 28 key sectors to boost investment

Minister of Industry Khaled Hashem affirmed that the coming period will witness intensified efforts to advance Egypt’s industrial sector. He stressed that all matters related to industry and industrial development will be pursued to benefit the national economy and positively impact the industrial community and citizens’ lives.

Hashem pointed out that the Ministry will spare no effort in developing Egyptian industry and supporting industrial investors. The goal is to increase production, enhance the quality of Egyptian products, meet local market needs, and boost the competitiveness of Egyptian goods in international markets.

These remarks came during the Minister’s first statements after taking the constitutional oath before President Abdel Fattah El-Sisi. He praised the political leadership’s ongoing commitment to injecting new energy into the government to improve performance across the state’s administrative apparatus.

The Minister also expressed appreciation for the significant efforts of Lieutenant General Kamel Al-Wazir, Minister of Transport, during his tenure in the industry portfolio. He confirmed that the Ministry will build on these achievements to create a qualitative leap in the industrial sector and strengthen communication with local and international private sector representatives.

The two ministers met at the Ministry of Industry headquarters in the New Administrative Capital to review current work files and the urgent plan to revitalize industry. They discussed the development of strategic industrial sectors and identified 28 promising industries targeted for increased investment. These sectors form a key part of the state’s plan to deepen local manufacturing and reduce reliance on imports, contributing to comprehensive industrial development goals.

Hashem also held a meeting with senior officials of the Ministry and the heads of its affiliated agencies. The discussions focused on assessing each entity’s role and performance and defining the general frameworks and policies guiding the Ministry’s operations in the coming period.