Monday, 25 May 2026
Egypt’s PM hosts talks to boost private sector and foreign investment
Egypt’s Prime Minister Mostafa Madbouly led a high-level roundtable discussion today in the New Administrative Capital, as part of the “Development Finance for Private Sector Empowerment: Economic Growth and Employment” conference organized by the Ministry of Planning and Economic Development and the Ministry of International Cooperation.
The roundtable, titled “Structural Reforms to Enhance Private Sector Competitiveness,” brought together prominent Egyptian officials.
Also in attendance were top international development partners, such as senior representatives from the International Finance Corporation (IFC), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and the European Commission.
According to the Cabinet spokesperson, participants exchanged views on opportunities for Egypt’s private sector in the coming period. They discussed how development finance and international technical support can accelerate reform, increase the private sector’s role, and create a more dynamic and competitive business environment.
IFC Managing Director Makhtar Diop outlined the organization’s growing investments in African enterprises, especially small and medium-sized businesses. His colleagues highlighted ongoing collaborations and future ambitions in strategic sectors, such as renewable energy and tourism.
Representatives from Egypt’s business community, particularly from the tourism and financial investment sectors, shared their plans for expansion within Egypt and emphasized the country’s emerging opportunities—especially within hospitality, as the government moves to increase hotel capacity.
The head of the EBRD’s Southern and Eastern Mediterranean region, Mark Davis, stressed the importance of structural reforms and renewable energy in Egypt’s development strategy, noting the ongoing innovation in clean energy makes sustainable growth both achievable and cost-effective.
Minister of Investment and Foreign Trade Hassan El-Khatib underlined the government’s commitment to facilitating access to development finance—especially affordable finance—with a focus on enhancing Egypt’s investment climate and expanding collaboration with international banks, including across Africa.
Throughout the event, the government reaffirmed its dedication to expanding private sector participation, inviting international investors to seize Egypt’s wide-ranging investment opportunities.
Officials emphasized that 99% of the country’s transport projects and almost all factories are already privately owned or managed, showcasing Egypt’s open-door approach and strong infrastructure.
Prime Minister Madbouly concluded the roundtable by assuring local and international partners: “We are here today to serve you and provide all the support you need. I will always work, with my colleagues, to make Egypt’s business environment as welcoming and rewarding as possible.”
The event underscored Egypt’s openness to foreign investment, commitment to partnership with international financial institutions, and ongoing reform efforts to support economic growth and job creation through a vibrant private sector.