Minister of Investment and Foreign Trade Hassan El-Khatib said the state has adopted a modern approach to managing its assets, based on comprehensive re-planning and improving efficiency of use to maximise economic returns and generate sustainable added value. During the interview, he outlined the state’s economic reform programme, which focuses on maximising the efficiency of state-owned assets, accelerating the transition to a green economy, and expanding private sector participation. He noted that the project now operates at quality and performance levels exceeding international standards, demonstrating how asset reconfiguration can unlock significant economic value. He explained that the Western Desert alone has the potential to generate around 700 gigawatts, in addition to approximately 200 gigawatts from floating solar energy. On subsidy reform, the minister said Egypt has made substantial progress in restructuring energy pricing—particularly natural gas—through the adoption of cost-reflective pricing mechanisms.
