Egypt’s Ministry of Industry has unveiled a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanised, and pre-painted steel sheets and coils, which are regarded as key inputs for a wide range of strategic industries. Under the package, industrial land will be allocated at competitive prices, with priority given to projects operating in cold-rolled and coated steel production. Approved projects will also receive immediate access to essential utilities, including electricity, water, natural gas, roads, and telecommunications infrastructure. In parallel, locally produced steel sheets will be prioritised in meeting the needs of national and mega development projects, a measure intended to strengthen domestic value chains and provide sustained demand for local manufacturers. According to the ministry, expanding local production of cold-rolled and coated steel products will help reduce reliance on imports, improve supply-chain resilience, create new employment opportunities, and bolster Egypt’s overall industrial competitiveness.

Source: Daily News Egypt January 05, 2026 16:08 UTC