$13.8 billion increase in Egyptian industrial exports over 10 years

CAIRO – 19 February 2025:  Egypt’s non-petroleum manufacturing sector experienced a significant 5.9 percentage point increase in growth, reaching 7.1 percent in Q1 FY2024/2025, compared to just 1.2 percent in the same period of FY2013/2014, according to a Cabinet report.

The report highlights Egypt’s ongoing efforts to strengthen and expand domestic industries. One of the key indicators of this progress is the 73.8 percent rise in industrial exports, which soared to $32.5 billion in FY2023/2024, up from $18.7 billion in FY2013/2014—an increase of $13.8 billion.

 Additionally, the number of industrial zones in Egypt expanded by 21.5 percent, growing from 121 zones in 2014 to 147 zones in 2024.

Public investments in non-petroleum manufacturing also saw remarkable growth, rising 205.8 percent to EGP 15.9 billion in FY2023/2024, compared to EGP 5.2 billion in FY2013/2014.

The report outlines various government-led strategies designed to accelerate industrial development. Among them is the National Industry Strategy (2024-2030), which aims to increase the industrial sector’s contribution to GDP to 20 percent by 2030, up from 14 percent.

Additionally, a fast-track industrial development plan was launched in 2024, focusing on seven key pillars to stimulate growth and investment.

To support private-sector growth, the government introduced the Industrial Investors Financing Program (2024), which provides EGP 30 billion in financial facilities to help investors acquire machinery, equipment, and production lines.

This initiative prioritizes seven key industries, including pharmaceuticals, food processing, textiles, and garment manufacturing.

Another major initiative is the 2024 Gas Debt Repayment Program, launched by the Ministry of Petroleum and Mineral Resources. This program aims to reduce financial burdens on industrial investors, allowing 1,700 industrial clients—representing 50 percent of Egypt’s total industrial gas consumers—to settle overdue gas payments with minimal upfront costs and no interest charges.

The report also spotlights Egypt’s growing network of industrial cities, which are playing a crucial role in strengthening the country’s manufacturing sector.

Robeiky Leather City, a 506-acre industrial hub, has become a cornerstone of Egypt’s leather industry. Currently, 213 factories are operational in its first phase, while 135 factories are running in the second phase, and 43 fully-equipped factories have been made available in the third phase.

Another major project is Gypto Pharma City, the largest pharmaceutical manufacturing hub in the Middle East. Currently producing 65 million medicine packages annually, the city is set to increase its production to between 150-200 million packages per year, positioning Egypt as a regional and global leader in pharmaceutical manufacturing.

Additionally, the Silo Foods Industrial City plays a pivotal role in Egypt’s food security and export strategy. Designed to support the national school nutrition program, the facility spans 17 acres and boasts an annual production capacity of 750,000 tons. It focuses on delivering high-quality food products at competitive prices for both domestic consumption and international export.

Egypt’s industrial expansion and investment growth highlight the country’s strategic push to strengthen local manufacturing, boost exports, and position itself as a key player in the global industrial landscape.