The Ministry of Investment and Foreign Trade launched, on Wednesday, April 22, a three-month promotion campaign dedicated to investment zones governed by Law No. 72 of 2017. This initiative aims to raise awareness of this strategic framework among business circles, in order to attract national and foreign capital. The system relies on integrated industrial and service clusters, equipped with advanced infrastructure and a flexible regulatory environment, designed to accelerate project implementation.
According to performance indicators published by the ministry, 12 investment zones are located in strategic sites nationwide. These spaces have attracted total investments of around 1.39 billion dollars, equivalent to 66.3 billion Egyptian pounds, with an occupancy rate of 90%. According to the ministry, these results reflect investors’ confidence in this model, which, alongside free and technological zones, is one of the pillars of the Egyptian economic ecosystem.
Employment, local development, and competitiveness
On a social and operational level, the activity of these zones has generated over 77,500 direct and indirect jobs, thus supporting government goals of reducing unemployment. According to the ministry, the awareness campaign also highlights the role of these zones in improving the skills of the workforce and in creating integrated production communities. This mechanism is presented as a lever for local development, promoting a better geographical distribution of production capacities in the various governorates.
At the macroeconomic level, these investment zones contribute to strengthening exports and the competitiveness of the national economy. By streamlining administrative procedures, the Egyptian state relies on them to structure industrial supply and increase long-term investments. The program aims to maximize sustainable benefits while addressing the capacity constraints of producers of goods and services in the Egyptian market.
