The meeting approved the issuance of three new licences to establish cement factories, each with a single production line, in addition to expansion projects at several existing cement plants. Al-Wazir said the new licences form part of the government’s broader strategy to strengthen industrial production capacity and prepare for potential large-scale demand in the coming period, particularly in light of regional reconstruction plans, including the rebuilding of Gaza. He noted that the projects are expected to be completed and enter commercial production within one year. The ministerial group also approved requests from the Suez Canal Economic Zone (SCZone) to establish two new industrial projects with total investments of $1.29bn. Both projects will be referred to the Supreme Energy Council for approval of the required electricity and natural gas allocations.

Source: Daily News Egypt January 20, 2026 18:33 UTC