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Egypt launches incentive package to boost local sheet production and attractinvestment-THE 26th CHINA(GUANGZHOU) INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
10/13/2025 金属板材展-线材展-金属加工展-plate metal expo-wire expo |
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Egypt''s Ministry of Industry has announced a new package of incentives to support and expand local productionof cold rolled, galvanized, and pre-painted steel sheets and coils.The initiative is designed to attract private investment, increase domestic production capacities, enhanceEgypt''s competitiveness in both regional and global markets, reduce import dependence, expand exports, andsupport downstream industries that rely on steel sheets and coils as critical inputs.
Key incentives for investors
The package provides a wide range of measures to lowerbarriers and accelerate project implementation for steelproducers:
Competitive industrial land pricing with priority allocationfor new steel projects.
Payment facilities aligned with project implementationschedule.
Soft financing options for working capital and productionline purchases.
Fast-track licensing, with operating permits issued within 24 hours once documentation is complete.Immediate access to utilities, including electricity, water, gas, roads, and communications, to facilitate rapidproject implementation.
Additionally, the government will apply prioritized sourcing policies to ensure that local steel mills receivepreference in supplying national infrastructure projects, creating a stable domestic market for producers.
Industrial policy vision and strategic sectors
Kamel El-Wazir, deputy prime minister, minister of industrial development and minister of industry and transport.
emphasized that these incentives are fully aligned with Egypt''s industrial development vision.
He highlighted the critical role that steel sheet products play in strategic sectors, including home appliancesautomotive manufacturing, metal furniture, medical equipment, aaricultural machinery, and construction andmetal structures.
By encouraging domestic production, Egypt aims to deepen its industrial value chains, enhance export capacity.
and create jobs opportunities.
Toward a competitive regional manufacturing hub
The ministry of industry reatfirmed its commitment to continuing the rolout of proarams and initiatives thatenhance competitiveness and support Egypt''s broader economic transformation.
These efforts fall under the "Made in Egypf - quality and leadership" initiative, which seeks to strengthendomestic industries, promote sustainable growth, and increase the country''s industrial resilience amid shiftingglobal supply chains.
The steel sheet incentive package is expected to act as a catalyst for new private-sector investments, supporimport substitution, and help Egypt become a key regional player in steel and manufacturing over the comingdecade.
金属板材展-线材展-金属加工展-2026第二十六届广州国际金属板材、棒材、线材及金属加工、配套设备展-THE 26th CHINA(GUANGZHOU) INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
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