Egypt's Industry Minister: New Strategy Targets $100 Billion in Exports by 2030
Engineer Khaled Hashem, Egypt's Minister of Industry, announced a national strategy targeting $100 billion in Egyptian exports by 2030, built on an integrated industrial vision focused on boosting production and enhancing the competitiveness of local products.
The minister's remarks came during a special interview on the sidelines of the opening of the third edition of the Al-Ahram Transport Vehicles Exhibition 2026. He explained that the new strategy builds upon previous plans while accounting for current global shifts and economic challenges, ensuring more advanced results in the coming phase.
Hashem emphasized that the strategy rests on several key pillars, including human capital development, sustainability support, assistance for struggling projects, and the launch of diverse programs to back the industrial sector. He stressed that the state is working to create an attractive investment environment, strengthening Egypt's position as a regional industrial hub.
The minister further noted that the government aims to achieve tangible growth in industrial exports by increasing reliance on local manufacturing and deepening national industry, thereby enhancing the competitiveness of Egyptian products in global markets.
Related News
View All News
Audi CEO Faces Backlash After Appearing with Trump at Georgia Rally
Audi CEO Gernot Döllner is under fire from Germany's IG Metall union after appearing with Donald Trump at a Georgia campaign rally. The event included a $4 billion investment plan…
Option Travel Expands Fleet with 32 Foton Electric Minibuses to Boost Sustainable Tourism Transport in Egypt
Option Travel announced the addition of 32 Foton electric minibuses to its fleet to support sustainable tourism transport in Egypt. The move is part of the company's strategy to expand…
Kaiyi Motors Egypt Expands with 9 New Showrooms and Service Centers
Kaiyi Motors Egypt has revealed an expansion plan to open 9 showrooms and service centers across Cairo, Suez, Mansoura, Alexandria and 6th of October City until March 2027. The plan…
Kaiyi Egypt Sets Price Policy: Hold Until End of October, Possible Increase in November
Kaiyi Motors Egypt has announced a pricing policy aimed at stability despite dollar fluctuations. The company will not raise prices with every increase but may reprice in November if the…
TotalEnergies Adnoc Signs 5-Year Distribution Deal with SmartForce for Adnoc Voyager Lubricants in Egypt
TotalEnergies Adnoc Marketing has signed a strategic five-year distribution agreement with SmartForce Group to boost Adnoc Voyager lubricants in Egypt. The partnership includes joint marketing activities, distribution support, and customer…