Prime Minister Mostafa Madbouly reviewed on Tuesday, May 12, 2026, with Investment and Foreign Trade Minister Mohamed Farid the investment zones system as one of the key mechanisms for attracting and stimulating local and foreign investments.
During the meeting, the minister outlined the competitive advantages of investment zones, including streamlined licensing procedures through executive offices affiliated with the General Authority for Investment and Free Zones, in addition to supporting partnerships with the private sector in development, operation and management.
Farid also reviewed the pilot operation of the electronic platform for investment zones, saying it aims to accelerate digital transformation and provide unified digital services for investors, helping improve the business environment and attract more investments.
He noted that Egypt currently has 12 operational investment zones across six governorates, hosting 1,277 projects with investments worth LE 66.3 billion and providing around 77,500 jobs.
The minister added that seven additional investment zones are under construction in three governorates, targeting investments worth LE 4.11 trillion over 20 years and expected to create nearly 1.2 million job opportunities.
Farid also briefed the premier on the outcomes of the Egyptian-Belarusian joint committee meetings, noting Belarus’ keenness in expanding cooperation with Egypt in machinery, heavy equipment, vehicles, food industries and pharmaceuticals.
He added that Belarus is keen to benefit from Egypt as a regional hub for assembling and manufacturing tractors, equipment and industrial products for Arab and African markets.
PM reviews investment zones system to boost local, foreign investments Egypt Independent.
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