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File · Egypt: Industry Strategy 2030 and support for manufacturers

Egypt minister reports review of 51 struggling factories and plans solar programme

Egyptian Industry Minister Khaled Hashem presented support measures for manufacturers to the House of Representatives’ Industry Committee on 2 November 2026. He reported that 51 struggling factories were under review and said the “Sun of Industry” programme would launch within a week.

According to meeting reports, the restructuring fund has initial capital of EGP1 billion, with proposed stakes of EGP30–50 million per factory. Reviewing an application does not mean that financing has been granted.

The solar programme targets 1,000 megawatts in its first phase. The minister also announced an initial offering of about 100 land plots in 18 governorates the following week under “Productive Village”. These figures describe announced schemes and targets; installed capacity, land allocations and factory restarts remain to be documented.

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Egypt minister reports review of 51 struggling factories and plans solar programme · Moojaz