Egypt’s ministers of planning and investment met with World Bank officials to review the country’s National Strategy for Foreign Direct Investment and its broader economic development narrative, aimed at shifting the economy toward production and higher‑value sectors.
World Bank representatives examined the final draft of the FDI strategy, which outlines priority sectors, implementation mechanisms and global investment trends.
Planning Minister Rania el Mashat said the strategy supports Egypt’s efforts to diversify growth sources, move into more productive industries and improve governance of public investments while creating more space for the private sector.
She added the plan follows directives from the Supreme Council for Investment and strengthens efforts to attract foreign capital.
Investment and Foreign Trade Minister Hassan el Khatib said the next stage will focus on implementing the strategy by targeting sectors where Egypt has competitive strengths. He said the goal is to boost economic growth, create jobs and expand local value chains.
El Khatib stressed the importance of aligning investment policy with trade policy to enhance export‑oriented production.
He also pointed to ongoing reforms designed to help Egypt qualify for the World Bank’s upcoming Business Ready report, including legislative changes, digitalization, greater data transparency and reducing costs and delays for investors.