7 investment zones under construction will provide 1.2 million job opportunities

Dr. Mohamed Farid, Minister of Investment and Foreign Trade, reviewed the current status of investment zones, emphasizing that the state continues to expand their establishment as a crucial investment system for supporting the national economy and attracting more local and foreign investment. The Minister explained that Egypt currently has 12 operational investment zones across six governorates, encompassing 1,277 projects with a total investment volume of approximately EGP 66.3 billion, providing around 77,500 job opportunities. He noted that seven new investment zones are currently under construction in three governorates, aiming to accommodate 214 projects with a total investment of approximately EGP 4.11 trillion to be injected over 20 years. These new zones are expected to contribute to creating around 1.2 million job opportunities, thus supporting the state's efforts to enhance the investment climate, expand the base of productive projects, and achieve sustainable economic development.