Egypt opens 1,386 industrial plots to attract new investments
Government move aims to accelerate local production and strengthen industrial growth
CAIRO, Egypt (MNTV) — Egypt has launched its 11th industrial land tender, offering 1,386 fully serviced plots across 23 governorates and 35 industrial zones, covering a total of 6.8 million square meters, in an effort to drive economic development and attract both domestic and foreign investors.
The tender, which runs from September 1 to 11 through the government’s digital platform, provides land sizes ranging from 240 square meters to 500,000 square meters.
The initiative covers strategic sectors such as food industries, pharmaceuticals, chemicals, textiles, engineering, medical supplies, and building materials.
Officials emphasized that the plots will be offered at the actual cost of utilities, with annual usufruct fees fixed at 5 percent of the ownership price per square meter, in a move designed to ease financial burdens on investors.
Applicants may submit two requests—one primary and one alternative—with priority given to those who had previously filed valid proposals but did not secure land allocations.
Kamel El-Wazir, deputy prime minister for industrial development and minister of industry and transport, said the offering reflects Egypt’s strategy to provide “an attractive and transparent environment” for sustainable industrial growth.
He added that the wide range of plot sizes ensures opportunities for projects of all scales, from small and medium-sized businesses to large enterprises.
The ministry also announced investor-friendly measures introduced in earlier tenders, including a 50 percent reduction in application study fees, the removal of bid and financial guarantee requirements, a lower deposit of 10 percent of land value, and a simplified feasibility study process.
The launch comes as confidence in Egypt’s economy strengthens. Standard Chartered recently projected that half of the $12.5 billion in investment commitments from Qatar and Kuwait will be disbursed before the end of 2025, boosting the outlook for industrial expansion.
Following the close of applications, the Industrial Development Authority will review submissions and release results within two weeks.
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