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Egyptian Minister of Industry, Khaled Hesham, emphasized the need for a qualitative transformation in the industrial sector by increasing industry’s contribution to gross domestic product to 20% by 2030, and aiming for exports valued at $100 billion. He highlighted the importance of developing industrial strategies based on scientific studies to promote high value-added industries and green transformation, while facing challenges such as land shortages, infrastructure issues, expanding the base of small and medium-sized enterprises, and achieving balanced development through the expansion of industrial zones across provinces. He also stressed the necessity of turning dormant factories into investment opportunities, supporting technology and smart manufacturing to achieve comprehensive and sustainable growth.
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