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.
Prime Minister Madbouly began the tour by underscoring the private sector's central role in economic growth. He noted that the Benha Investment Zone was established to foster economic and social development, attract domestic and foreign investment, and create jobs, primarily in food and agro-industrial sectors.
"Just a few years ago, this area was largely undeveloped. Today, it stands as a successful model of integrated investment zones that support small and medium-sized enterprises and contribute to price stability by reducing production costs," Madbouly said.
The zone covers more than 46 feddans with 60 industrial projects creating over 2,800 jobs. It features 147 units across 51 active projects, including a dates processing plant producing 1,160 tonnes annually with 200 workers, a pharmaceutical factory outputting 60-70 million units and exporting 30%, and a citrus packing station exporting 75% of 40,000 tonnes yearly worth $20 million.
Minister of Investment Mohamed Farid explained that the zones provide fully serviced units with a one-stop shop for licensing via GAFI. Madbouly stressed government support for private sector growth, incentives, infrastructure upgrades, and regulatory simplification, stating: "The state will continue to provide all necessary support to investors."