Egypt Targets 100,000 Factories by 2030

Egypt is aiming to increase the number of operating factories nationwide to 100,000 by 2030, as part of a strategy to expand industrial production, boost exports and create jobs.

The plan seeks to significantly raise the industrial sector’s contribution to economic growth by encouraging investment in manufacturing and expanding industrial zones across the country. Officials view the manufacturing sector as a key driver for increasing export revenues and strengthening foreign currency inflows.

Egypt currently has tens of thousands of operating factories, and the government is working to accelerate the pace of industrial licensing and land allocation to attract new investments and support private-sector expansion.

Industry experts say achieving the target will require a substantial expansion in the skilled workforce, particularly technicians and engineers. Manufacturers have reported growing competition for qualified labor, highlighting the need for stronger vocational and technical training programs.

The industrial expansion strategy is part of Egypt’s broader economic development agenda, which aims to strengthen the productive sectors of the economy and position the country as a regional manufacturing hub by the end of the decade.