Investment Minister reviews export initiative, new investment platforms, industrial fund

Egyptian Minister of Investment and Foreign Trade Mohamed Farid met with Prime Minister Mostafa Madbouly to discuss a comprehensive strategy aimed at expanding exports, enhancing investor services, and strengthening industrial investment. The meeting on Tuesday, July 21, 2026, focused on several key initiatives designed to bolster Egypt's economic landscape.

Farid presented a proposal for the "Boost Exports from Governorates" initiative, which will operate under the Prime Minister's patronage. This program seeks to broaden and diversify Egypt's base of exporters. It will involve assessing companies' readiness for export, raising awareness about international market demands, and providing targeted training and support to production companies with export potential. The selection of governorates for the initiative's initial phase will consider factors such as industrial activity, factory numbers, logistical proximity to ports and transport networks, export potential, industrial diversity, and the availability of business support institutions.

Discussions also covered the upcoming launch of the Investor Care Platform. This unified digital channel is designed to efficiently receive, track, and resolve investor complaints. The platform aims to improve the speed and transparency of complaint handling, offer real-time tracking capabilities, and support data-driven decision-making. Currently, approximately 69% of submitted complaints have already been resolved ahead of the platform's official launch.

Furthermore, efforts to enhance the accuracy of foreign direct investment (FDI) statistics were reviewed. This includes implementing a new digital platform for collecting and analyzing companies' financial statements and encouraging greater disclosure of foreign investment data in compliance with the Investment Law.

The meeting also addressed progress on establishing the Egypt Sub-Fund for Industrial Investment. This fund is intended to support export-oriented industries, deepen local manufacturing capabilities, facilitate the localization of advanced technologies, increase industrial output, improve the trade balance, and attract long-term institutional investment. The fund, to be managed by the Sovereign Fund of Egypt, will offer flexible investment mechanisms for strategic industrial projects. Farid highlighted investment opportunities in priority sectors such as machinery and equipment manufacturing, electric vehicle batteries, pharmaceuticals, packaging materials, and phosphate fertilizers, aiming to strengthen industrial localization and boost the global competitiveness of Egyptian products.

Additionally, a proposal for an Africa Investment Fund was presented. This fund aims to support the regional expansion of Egyptian companies, attract investment for key sectors across the continent, foster economic integration with African nations, and enhance Egypt's investment presence in regional markets.