Hashem affirmed the Ministry of Industry’s readiness to provide full support in linking industrialists with researchers to facilitate pharmaceutical manufacturing projects. He noted that the pharmaceutical industry receives significant government backing, particularly in industrial financing and export support, given its dual role in meeting domestic demand and boosting exports. Farid stressed that deepening local manufacturing and localising the production of pharmaceutical raw materials are top priorities to reduce import dependence and strengthen drug security. Representatives of the pharmaceutical export council welcomed the outcomes of the meeting, highlighting the importance of stronger public-private partnerships to overcome operational and marketing challenges in international markets. Hashem reaffirmed the Ministry of Industry’s commitment to localising and strengthening the ready-made garments industry across all stages of its value chain, increasing value added and enhancing competitiveness both domestically and globally.

Source: Daily News Egypt March 02, 2026 15:15 UTC