Features of Egypt's 'State Property Document' disclosed

CAIRO – 19 May 2022: A draft of the State Property Document has been distributed among a number of business associations, indicating the plan about the status of the government as a producer of goods and services in the Egyptian economy.

The government plans to completely withdraw from 79 sectors within three years and reduce its investments in 45 others. Yet, it will pump more investments, without exclusion of the private sector, in 27 sectors.

Some of the sectors in the first category are fisheries, livestock, constructions, certain social housing projects, TV and film production, retail, automotives, home appliances, furniture, leather, fertilizers, and glass.  

Sectors in the second category include cement, steel, aluminum, meat, pourtly, animal feed, dairy, cigarettes, tobacco, power plants, electricity distribution networks, and wastewater treatment plants among others.

As for the third category, the sectors are mainly, but not only, infrastructure, education, healthcare, pharmaceuticals, wholesale, water treatment, water supply networks, sidewalks, maritime transport, railways, metro, air transport, shipbuilding, landline services, wireless communications, TV and radio broadcast, semiconductors production, newspapers, and news websites.

What's more, there are 18 sectors of interest for plans of public-private partnerships. Those consist of digital transformation, and the fourth industrial revolution relevant to artificial intelligence (AI), internet of things (IoT), 3D printing, smart transportation systems, self-driving cars, cybersecurity, as well as food and water security.

The other sectors are smart agriculture and irrigation systems, energy, energy storage and export, academia, cloud computing security, 5G and 6G technologies, logistics, smart supply chains, modern financial technologies, blockchain, genomic medicine, smart healthcare systems, bioengineering, nanotechnology, smart cities, and smart defense systems.