Egypt discloses FDIs & exports expectations by 2030

Egypt has unveiled its strategic objectives to scale up exports to over $140 billion by 2030 and secure annual foreign direct investment (FDI) inflows of $20 billion.

“This is a realistic and achievable target,” Prime Minister Mostafa Madbouly said at a press conference on September 25. He emphasizing the feasibility of these economic milestones, highlighting that Haier, a prominent global leader in home appliances, is projected to invest over $500 million upon completion of all three phases of its Egyptian operations, aligning with the nation’s broader FDI ambitions.

Madbouly underscored the initiative’s socioeconomic impact and its potential to generate substantial employment opportunities for Egypt’s burgeoning youth.

The prime minister further elaborated on advancements across key sectors, including energy, healthcare, education, and foreign investment. He also disclosed ongoing negotiations with leading Japanese firms specializing in water resource management and renewable energy, outlining their plans to escalate capital commitments in Egypt over the coming years.