Minister of Industry Khaled Hashem said the ministry is currently reviewing incentive programs and financing initiatives for the industrial sector in coordination with the Ministry of Finance and the Central Bank of Egypt. He added that preparations are underway to launch an integrated digital platform for investors and to connect small and medium-sized enterprises (SMEs) early next month, alongside a new industrial land allocation system, as part of the state's strategy to facilitate industrial investment, deepen local manufacturing and enhance the competitiveness of Egyptian products.
The remarks came during an expanded meeting with members of the Tenth of Ramadan Investors Association, headed by Samir Aref, at the start of the minister's inspection tour of the industrial zone in Tenth of Ramadan City. Hashem said the new digital platform, scheduled to be launched at the beginning of August, aims to connect SMEs to provide locally manufactured alternatives to production inputs and reduce reliance on imports.
He explained that the platform will include a system for evaluating product quality and suppliers' compliance with delivery schedules, thereby improving the efficiency of domestic supply chains. The Minister also announced that a new and more flexible industrial land allocation system will take effect on August 1 to ease the financial burden on investors, particularly owners of small and medium-sized enterprises, allowing them to direct more capital toward machinery and production lines instead of land acquisition costs.
Hashem said the meeting reflects the ministry's commitment to listening directly to manufacturers' concerns and proposals and working closely with Sharqiya Governorate to resolve the challenges they face, thereby improving the investment climate and supporting industrial development in Tenth of Ramadan City.
Regarding unlicensed factories, the minister stressed that the government will continue tightening oversight of industrial zones and integrating informal manufacturing facilities into the formal economy, while intensifying inspections targeting products of unknown origin.
He affirmed that serious manufacturers will receive the necessary support to legalize their status, while decisive measures will be taken against facilities that violate regulations, endanger public health, or harm the national industry. Hashem also said campaigns to reclaim unused industrial land will continue, noting that a large number of plots have already been recovered in Tenth of Ramadan, Badr, Obour and Sadat cities, as well as industrial complexes in Alexandria.
These campaigns, he added, will be conducted regularly to ensure land is allocated to serious investors. The Minister emphasized that deepening local manufacturing remains a central pillar of the ministry's strategy, adding that complementary industries—particularly mold and die manufacturing—will be among its top priorities in the coming period due to their critical role in supporting various industrial sectors and reducing imports.
He also urged investors to expand into promising regions, especially Upper Egypt and the coastal governorates, while affirming that Tenth of Ramadan City will remain one of Egypt's leading industrial hubs and that the ministry is committed to responding swiftly to the business community's challenges.