Minister of State for Military Production Salah Soliman Gomblat and Minister of Investment and Foreign Trade Mohamed Farid discussed on Thursday, May 14, 2026, mechanisms for listing and promoting investment opportunities linked to military production companies on Egypt’s investment map to attract investments, localize development and support local manufacturing across governorates.
The meeting, held at the Ministry of Military Production’s headquarters in the New Capital, was attended by the Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI), Mohamed Awad and senior officials from both ministries. The Minister of State for Military Production reviewed the ministry’s industrial and technological capabilities, stressing that military production companies, which advanced national industrial expertise, would enable them to meet the needs of the armed forces and police, while also utilizing surplus production capacity to manufacture civilian products and implement national development projects.
Gomblat said the ministry is pursuing an integrated strategy to maximize use of underutilized industrial assets, land and production lines through partnerships with state institutions and the private sector, in line with state directives to strengthen local industry, increase the local component and attract new investments.
For his part, the Minister of Investment and Foreign Trade praised the advanced industrial capabilities of military production companies, underlining the importance of expanding cooperation to attract quality investments and encourage partnerships between the government and private sector.
Farid highlighted the importance of offering investment opportunities and serviced land across the various governorates through the investment map to support balanced regional development, local manufacturing and export growth. The two sides also highlighted prospects for expanding industrial cooperation with Belarus, amid growing Belarusian interest in strengthening economic and investment partnerships with Egypt.
The meeting concluded with agreement to continue coordination to support sustainable economic development, enhance the competitiveness of Egyptian industry and improve the investment climate nationwide.