Industry Minister Expects Egyptian Exports to Increase by 20%

Minister of Industry and Trade Amr Nassar is expecting Egyptian exports to increase by 20% by the end of this year, thanks to the export subsidy programs, and the structural reforms that were reflected in the industrial sector.

During his speech at Egypt Economic Summit held on Tuesday, the minister said that this summit opens up prospects for launching programs aiming to develop the export sector and promote the industry.

Noteworthy, Egypt economic summit kicked of today and discussed a number of key topics, including the strategy and vision of the Egyptian government to achieve growth rates of more than 10% in the industry and export sector.

The one-day summit discussed the role played by the national projects in supporting the Egyptian economy, and how these projects contributed to a qualitative leap in the Egyptian real estate sector.

The summit focused on a number of issues and problems facing the Egyptian real estate sector, and the role of national projects in attracting foreign investors.

Egypt economic summit is held under the auspices of Prime Minister Dr. Mostafa Madbouly, in the presence of more than 40 ministers, officials and a number of experts and opinion leaders in various economic fields, to discuss the future of Egypt following the economic reforms.