Industry Minister: Egypt Forum 2026 to address manufacturing challenges, boost investment

Egypt's Industry Minister, Khaled Hashem, announced that the upcoming Egypt Forum 2026 will tackle manufacturing challenges and stimulate investment in the country's industrial sector. During an interview with Extra News on October 23, 2026, Hashem emphasized the importance of addressing issues faced by manufacturers and encouraging dialogue between the government and industry stakeholders, aimed at promoting growth and supporting domestic production.

The minister explained that organizing the forum during this time underscores the government's dedication to listening to manufacturers, eliminating barriers to their operations, and devising practical solutions to the problems they encounter. These initiatives, Hashem added, would generate more opportunities for young people and bolster Egypt's overall economic development.

In an effort to streamline industrial licensing procedures, the government aims to simplify the approval process via clear, streamlined mechanisms. Hashem also highlighted the significance of university involvement in providing ideas and proposals at the forum, which could aid in overcoming challenges facing the industrial sector in the near future.

Furthermore, the minister unveiled new measures to simplify the process of obtaining insurance documents for factories through the Ten-Year Insurance Pool (Al-Mogamaa Al-Ashariya). These measures aim to alleviate financial and administrative burdens on industrial investors, expedite project implementation, and facilitate the commencement of production.

Hashem reiterated the government's commitment to continuously review and streamline administrative procedures, as well as to expand digitization efforts to enhance the business environment and entice industrial investment.