Industry Minister Khaled Hashem has issued Decision No. 73 of 2026, amending a previous decree to simplify factory leasing procedures in industrial zones. The change reduces the required operational period before leasing from three years to one year, while maintaining key conditions. This move aims to boost productivity and support investors.
Industry Minister Khaled Hashem has issued Decision No. 73 of 2026, which amends certain provisions of Ministerial Decision No. 374 of 2025 concerning the regulation of industrial land and facilities disposal. The amendment focuses on simplifying procedures for industrial investors and increasing factory productivity by providing additional incentives in industrial zones and areas managed by industrial developers.
The new decision shortens the period required before factory owners can lease their facilities. Under the changes, leasing is permitted after fulfilling conditions such as completing 100% of the licensed construction work, ensuring no building violations, demonstrating project implementation seriousness, obtaining the operating license and industrial register, completing one year of actual operation, and fully paying the land price. Investors must also pay the standard fees set by the Industrial Development Authority's board.
However, the decision maintains exemptions for approved financial leasing contracts, which are not subject to the new time restrictions. Contracts for lease or usufruct rights issued by land-jurisdictional entities are also exempt from these conditions.
Minister Hashem stated that the amendment aims to maximize the use of existing industrial assets, support investors, and stimulate industrial activity by activating idle production capacities in industrial zones and developer-managed areas. The measure is expected to enhance economic momentum and development within these industrial clusters.
Previously, Decision No. 374 of 2025, issued at the end of October last year, stipulated that industrial establishments could not be transferred or leased unless construction was fully completed per the building license, no violations existed, project seriousness was proven, and the facility had operated for three years, in addition to full land price payment. The latest amendment reduces the operational period to one year, reflecting the government's efforts to offer greater flexibility to investors while upholding regulatory oversight.