Minister of Public Business Sector: $1 billion in exports for affiliated companies and 20% growth in their revenues during 2024/2025

He continued: “Within the framework of deepening partnerships with the local and foreign private sector, quality agreements were signed, most notably the project to establish a solar power plant to supply Egypt Aluminum Company with clean energy in cooperation with the Norwegian company ”Scatec”, the establishment of a joint company between the Holding Company for Pharmaceuticals and the American ”Dawa Pharma” to manufacture and export Egyptian medicines and nutritional supplements to global markets, and the project to establish an industrial complex for phosphates at Al-Nasr Mining Company, in addition to projects for recycling plastic and textile waste at Egypt Artificial Silk and Polyester Fibers Company, in partnership with Emirati and Egyptian investors.”.

 

The Minister of Public Business Sector affirmed the Ministry's full commitment to reform, openness to partnership with the private sector, maximizing returns on state assets and their governance, in a way that supports the comprehensive economic development process.

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