Egypt to roll out new incentive package as government targets priority sectors
Updated 12/8/2025 8:10:00 AM
Arab Finance: Egypt is preparing to launch a new package of incentives and policies aimed at increasing investment in several targeted sectors, Prime Minister Mostafa Madbouly said during a meeting held on December 7th to follow up on the government’s investment agenda.
Madbouly opened the meeting by outlining the reforms implemented in recent years to improve the investment climate. He said current indicators show progress, and the government intends to build on that by enhancing the environment for investors and encouraging a larger private sector role in economic activity to support job creation, production, and exports.
He directed relevant ministries to prepare a new package of facilitations and policies to increase private sector investment at this stage, noting that this file is a priority for President Abdel Fattah El-Sisi.
Madbouly highlighted sectors identified as national priorities, including comprehensive health insurance, the Decent Life rural development initiative, renewable energy, industry, tourism, communications and information technology, and agriculture.
Madbouly said the government aims to provide more incentives across these fields, including the tourism sector, where Egypt seeks to attract 30 million tourists in the coming years.
He also addressed the energy sector’s target of raising the share of new and renewable sources to 42% of the energy mix, saying this goal requires additional incentives to support investment.
The Prime Minister called for efforts to increase export volumes across sectors with strong potential, such as pharmaceuticals, while expanding the rollout of the comprehensive health insurance system across more governorates.
He stressed the need to encourage private sector institutions to increase investment in these areas, describing them as central to the government’s priorities.
Madbouly said the latest economic indicators reflect positive performance, with productive sectors driving growth.
Moreover, he urged continued work to maintain and improve these results.
He added that the government is pursuing several key files in parallel, including debt reduction and improving living standards and public services, all of which he said contribute to better outcomes for citizens.
He underscored the importance of continuing to implement measures that attract investment, fully applying the Investment Law’s incentives, and activating recently approved stimulus packages for priority sectors.
Madbouly also pointed to the need to maintain momentum on structural reforms, including those set out in the national strategy, and emphasized attracting additional investment in the petroleum sector to expand exploration and production activities.
He said this would help increase the output of petroleum products and natural gas needed to support development and economic requirements.
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