Egypt is targeting a rise in the private sector’s share of total investment to over 70% by 2030, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday, following a 5.3% GDP growth rate in the first quarter of fiscal year (FY) 2025/26. The quarterly growth, which exceeded government expectations, was driven by a recovery in the industrial sector and strong performance in tourism and ICT. The government is currently implementing “governance of public investments” to limit state spending and create space for private capital. The private sector currently accounts for approximately 65% of total investments, with the state focusing on structural reforms in tradable sectors such as manufacturing, energy, and agriculture to reach the 2030 target. To ensure transparency, the government has for the first time published a National Programme for Structural Reforms with specific timelines and performance indicators.
