President Abdel Fattah El-Sisi reviewed Egypt’s National Industrial Strategy for 2026–2030 with Prime Minister Mostafa Madbouly and Minister of Industry Khaled Hashem.
The strategy aims to increase Egypt's non-oil exports to $100 billion by 2030 through a comprehensive industrial framework developed with the private sector, according to Presidential Spokesman Ambassador Mohamed El-Shennawy. Key areas include ready-made garments, textiles, food processing, pharmaceuticals, automotive manufacturing, and electrical, engineering, and electronics industries. El-Sisi directed that all programs have clear implementation timetables and stressed the importance of integrating Egypt into global value chains to strengthen its position as a regional industrial hub.
The meeting also addressed expanding local manufacturing and technology transfer in the automotive sector, with a focus on accelerating vehicle production localization and electric vehicle manufacturing. Discussions also covered deepening steel production, developing feeder industries, and updating procedures for industrial projects and zones. The use of renewable energy is being expanded across the industrial sector, including the "Shams El-Sinaa" initiative to install solar power systems on factory rooftops.
This summary was AI-generated from a story originally published by Egypt Today.
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