RIYADH: Egypt aims to attract investments worth up to 4.1 trillion Egyptian pounds ($77.5 billion) to seven major investment zones under construction across three governorates over the next 20 years.
The zones are targeting 214 projects and are expected to create around 1.2 million jobs as Egypt steps up efforts to boost investment activity and expand employment opportunities, according to a Cabinet statement issued after a meeting between Prime Minister Mostafa Madbouly and Investment Minister Mohamed Farid.
The investment push comes as Egypt continues rolling out measures to boost private sector participation and attract foreign investment.
Among them is the Golden License system, a Cabinet-issued approval that allows strategic projects to obtain land allocation, construction, establishment and operating permits through a single streamlined process aimed at reducing bureaucracy and accelerating implementation.
The approach is also tied to the country’s economic development plan, which targets 7.5 percent growth by 2030 through higher private investment, stronger exports, and job creation.
The newly released statement said: “Farid indicated that the ministry has launched a promotional campaign to raise awareness of investment zones as an investment system that provides an integrated working environment for investors, as one of the mechanisms for attracting and stimulating local and foreign investment.”
It added: “The campaign also highlights success stories in investment zones, including Mit Ghamr and Banha, which have factories operating in various economic sectors, to support their growth and expansion and enable them to export abroad.”
During the meeting, the investment minister also reviewed the status of existing investment zones, noting that 12 zones across six governorates currently host 1,277 projects with total investments of 66.3 billion pounds, while providing approximately 77,500 job opportunities.
Farid also reviewed performance and growth trends across investment zones between 2023 and 2025, highlighting a significant qualitative shift in their performance. The data showed a notable increase in capital in 2025, reflecting a rise in the average investment size per project.
The investment minister also presented an overview of the investment zones, the regulations governing their establishment, and their competitive advantages.
These include the presence of an executive office of the General Authority for Investment and Free Zones responsible for issuing the necessary licenses and approvals, helping streamline and accelerate procedures.
Additional advantages include providing a supportive business environment and strengthening partnerships with the private sector in development, operation, and management.
