Egypt’s House Industry Committee has recommended enhancing local industrial production as a central component of the country’s 2025/2026 economic strategy, aiming to foster sustainable economic growth. The proposal underscores the importance of reducing reliance on imports by boosting homegrown manufacturing capabilities across key sectors. Lawmakers emphasized that deepening domestic production will not only support job creation but also strengthen supply chain resilience and improve trade balances.
The committee’s recommendations are part of broader efforts to stimulate industrial development and attract investment into strategic industries. By prioritizing local value addition, policymakers hope to build a more self-reliant economy capable of withstanding external shocks. Officials believe that integrating stronger manufacturing foundations into national planning will contribute to long-term economic stability and inclusive growth.
This push aligns with Egypt’s ongoing economic reform agenda, which includes measures to modernize infrastructure, streamline regulations, and incentivize private sector participation. The proposed industrial expansion is expected to be supported by targeted government policies, including access to financing, technology transfer initiatives, and workforce training programs.
Lawmakers stressed that achieving sustainable development requires coordinated action between public institutions and private enterprises. They called for increased collaboration between ministries, regulatory bodies, and industry stakeholders to ensure effective implementation of the proposed manufacturing agenda.
The recommendations will now be reviewed by relevant economic authorities as part of the annual budget and policy formulation process for the upcoming fiscal year.
— news from برلمانى
— News Original —
“صناعة النواب” توصي بتعميق التصنيع المحلي ضمن خطة 2025/2026 لتحقيق نمو اقتصادي مستدام
“صناعة النواب” توصي بتعميق التصنيع المحلي ضمن خطة 2025/2026 لتحقيق نمو اقتصادي مستدام برلمانى