The Ministry of Industry has announced a new package of grace periods and incentives aimed at supporting distressed industrial projects that have exceeded their approved implementation timelines, as part of the government’s efforts to accelerate production, protect manufacturers, and maximise the use of industrial land. Under the new package, grace periods will be granted based on each project’s level of construction completion. The ministerial decision also introduces new controls on the transfer and leasing of industrial land. The transfer or leasing of industrial land within industrial zones or developer-managed areas will be prohibited until seriousness is established, three years of operation have elapsed, and the full land price has been paid. The ministry said the new measures aim to support industrial investment, remove obstacles facing serious investors, accelerate the operation of stalled projects, and ensure the optimal use of industrial land, while safeguarding state rights and advancing sustainable industrial development.

Source: Daily News Egypt February 07, 2026 17:27 UTC