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2026-11-05T10:37:22.000Z

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Egypt factory aid plan

Egypt factory aid plan

The Egyptian government has announced plans to launch an incentive package under its Local Manufacturing Deepening Program in the first quarter of 2027. The package will target around 6,000 factories to support priority and supplier industries, boost production, and increase the local-content share. A new framework, to be implemented between 2027 and 2028, will assess struggling factories and provide the financing, technical support, or partnerships needed to restart 60% of them. Factories will be able to apply through a dedicated platform, which will identify the causes of their difficulties and determine the most suitable form of support for each case.

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