Egypt, Abdelatty says “Industry is a priority for economic growth”

CAIRO (EGYPT) (ITALPRESS/MNA) – Egyptian Foreign Minister Badr Abdelatty today attended the fifth World Conference on Industrialisation, organised by the World Bank Group in Cairo from 26 to 28 October, under the theme “Industrialisation for Jobs, Value Addition and Prosperity”.

In his address, Abdelatty reiterated Egypt’s goal of strengthening its role as a regional industrial hub, stressing that the development of productive capacity is a priority for economic reform, attracting investment and integrating into regional and global value chains.

The minister highlighted the target of increasing non-oil exports to 100 billion dollars by 2030, focusing on the localisation of industries, domestic value added and investment in priority sectors, particularly green and sustainable industries.

Abdelatty also emphasised Egypt’s competitive advantages, including its strategic location, developed infrastructure and availability of skilled workers. He underlined the importance of international cooperation in technology transfer, training and strengthening the competitiveness of Egyptian exports.

– Photo Ipa Agency –

(ITALPRESS)

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