The Ministry of Planning and Economic Development presented Egypt’s Economic and Social Development Plan for fiscal year 2026/27 to parliament on June 2. The plan targets total investments of EGP 3.7trn and gives the private sector a larger role.
The plan was presented during a meeting of the Financial, Economic Affairs and Investment Committee of the House of Representatives, chaired by Ahmed Abou Hashima. It covers the period from FY 2026/27 to FY 2029/30 and aligns with Egypt Vision 2030. Private sector investments are projected to reach 59 percent of the total, or about EGP 2.2trn. This marks the first time the private sector share has exceeded public investment in the plan. Allocations for several sectors will rise sharply. Health and population spending increases by 25 percent, pre-university education by 11.5 percent, and electricity and renewable energy by 261.1 percent. The plan also focuses on five key sectors: manufacturing, agriculture, telecommunications, transport, and logistics. Ministry officials said the plan was prepared amid geopolitical uncertainty and supply chain disruptions. It includes priority industries such as automotive manufacturing, green hydrogen, textiles, fertilisers, and chemicals.