Transport infrastructure is one of the current priority areas for development for the Egyptian government, which is looking to roll out an era of mega-projects. Roads are congested, with 91m people competing for space with trucks and trailers, as almost all commercial goods in the country are moved via roads. The process of refurbishing ports...
What are the next steps required to further develop manufacturing activity around the Suez Canal?
The recently completed development of the Suez Canal exemplifies the government’s approach to infrastructure development. The project is intended to facilitate long-term economic growth and stimulate short-term growth by putting more Egyptians to work, while significantly expanding the country’s infrastructure. The canal was expanded in just...
What opportunities will the Suez Canal Economic Zone (SCEZ) offer to investors? How can it maintain its competitiveness?
Sourcing natural gas is one of the chief obstacles for Egypt’s heavy industries, as shortages have persisted since 2014 (see Energy chapter). Gas is sold through the state-owned Egyptian Natural Gas Holding Company (EGAS), which has prioritised supply to the power sector and residential consumers. This has left industrial buyers facing...
Egypt has a well-established system of special zones, industrial zones and free zones, overseen primarily by the General Authority for Investment and Free Zones (GAFI). The current zones system was established in 1997 and includes 10 public free zones clustered in and around Cairo, Alexandria and in areas close to Cairo’s waterways.
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