Egypt Industry Articles & Analysis

Chapter | Industry & Retail from The Report: Egypt 2019

With a long-established presence of large-scale manufacturing capacity and a rapidly expanding domestic market, Egypt’s industrial sector will remain critical for job creation and regional development. Government strategies to expand production capacity into Upper Egypt are expected to improve employment options, and investment into road and railway links will also be critical to ensure that...

As Egypt is the most-populous Arab nation and third-most populous in Africa, population pressure is driving the nation’s economic agenda, with an estimated 3.5m young Egyptians entering the labour force by 2023. Recent years have seen an array of public initiatives aimed at encouraging private sector activity, but these remain hampered by a challenging economic backdrop and structural hurdles.

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What is being done to meet the population's growing demand for energy?

 

Egypt is expanding its automotive industry, following a series of new developments aimed at boosting domestic production capacity. The most recent development came in January 2019 when German manufacturer Mercedes-Benz announced it was planning to open a vehicle assembly plant in the country, which will be constructed by a local business...

 

Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for, on average, 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...

 

With a population of nearly 100m, expanding by roughly 2m every year, Egypt remains a sizeable market for retailers and fast-moving consumer goods manufacturers. This has sustained a number of large domestic producers and attracted global heavyweights to the market. However, economic instability and the devaluation of the pound has brought new...

 

The government is focusing on the development of new industrial zones in order to attract foreign direct investment (FDI), create new employment opportunities and increase the sector’s value, which was estimated at 27.8% of GDP in 2018.

 

How are Egyptian manufacturers taking advantage of trade agreements to export to Africa?