Minister of Industry Khaled Hashem has issued Decision No. 73 of 2026, amending provisions of a previous ministerial decree regulating the disposal of industrial land and facilities, in a move aimed at simplifying procedures for industrial investors and boosting productivity within factories. The amendment is intended to provide additional incentives and facilitation measures for investors operating in industrial zones. The key change focuses on shortening the period required before factory owners are allowed to lease their facilities within industrial zones and areas managed by industrial developers. Minister Hashem said the amendment aims to maximize the utilization of existing industrial assets, support investors, and stimulate industrial activity by enabling the operation of idle production capacities within industrial zones and developer-managed areas.

Source: Daily News Egypt March 10, 2026 16:11 UTC