Prime minister tours major factories to boost local industry and exports

Prime Minister Mostafa Madbouly toured several industrial facilities in 6th of October City and El Sadat City, reaffirming Egypt’s push to strengthen local manufacturing and attract global investment.

During the tour, Madbouly visited Boysen Egypt, which makes automotive exhaust systems, and stressed the importance of the automotive sector, especially electric vehicles. He also inspected H.B. Fuller Egypt’s adhesive plant, which invested $26 million, Galfa Engineering Industries Factory of the Ashry Steel Group, and El Wady Cables Company.

Madbouly highlighted directives from President Abdel Fattah Al-Sisi to deepen private sector cooperation and raise local content. Some firms showed strong growth, with Boysen reporting sales rising from EGP 320 million in 2023 to EGP 810 million in 2025.

The prime minister affirmed continued government support for expansion and technology transfer, noting these steps aim to cut imports and improve the competitiveness of Egyptian products.

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Egypt's Prime Minister Mostafa Madbouly inspected several industrial facilities in the Benha Investment Zone on Saturday, as part of government efforts to support local investment, enhance industrial production, and expand exports. He was accompanied by the ministers of investment and foreign trade, industry, and the governor of Qalyubeya. Madbouly reaffirmed the government's commitment to facilitating investments and developing integrated industrial zones.

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Prime Minister Mostafa Madbouly met with Minister of Industry Khaled Hashem in the New Administrative Capital to review the ministry's vision and work plan for the coming phase. Madbouly stressed that the industrial sector is among the government's top priorities, noting the momentum from recent economic reforms. Hashem presented a roadmap focused on increasing non-oil exports through several strategic pillars.

Egyptian President Abdel Fattah Al-Sisi affirmed on Wednesday that the government will press ahead with fiscal reforms to safeguard economic stability and accelerate private sector growth, amid regional conflicts impacting markets and global supply chains.

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In a follow-up meeting of Egypt's Governors’ Council, Prime Minister Mostafa Madbouly has ordered intensified field monitoring of markets to ensure goods availability at fair prices, building on inaugural directives for commodity stability and agricultural protection. Held in the New Administrative Capital, the session included key ministers and governors.

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