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بوابة أخبار اليوم
Commerce Minister launches Egypt Industrial Investment Fund
The Egyptian Minister of Investment and Foreign Trade, Mohamed Fared Saleh, issued a decision to establish the "Egypt Subsidiary Industrial Investment Fund," aimed at diversifying financing tools and stimulating investments in export-oriented industrial sectors. This initiative seeks to enhance competitiveness, encourage expansion, growth, and exports. The fund focuses on sectors such as automotive components, electronics, pharmaceutical industries, and food products. It targets export-oriented companies to increase foreign currency inflows and deepen local content, through partnerships with the private sector and investment institutions. The fund’s paid-up capital is 500 million Egyptian pounds, with a authorized capital of 10 billion Egyptian pounds. Its goal is to improve productivity, promote technology, and support national industries.
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