Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, and Egypt’s Governor to the World Bank Group, participated today, Tuesday, in the 5th World Conference on Manufacturing held in Cairo under the theme "Manufacturing for Jobs, Value Addition, and Prosperity," with wide participation from officials, international institutions, and the private sector.
In his speech, the Minister highlighted the state's commitment to establishing Egypt as a regional manufacturing hub, considering industrial development a core priority of structural economic reforms to expand the production base and attract investments. He reviewed national strategies aimed at raising non-petroleum exports to $100 billion by 2030 through localizing industries and maximizing local value addition.
Abdelatty also pointed to efforts directing investments
toward green and sustainable industries, easing business operations, and
empowering the private sector. He emphasized that Egypt possesses strong
competitive advantages, advanced infrastructure, and a strategic location to
attract investment, while stressing the importance of partnering with
international financial institutions to facilitate technology transfer, provide
financing, and enhance the competitiveness of Egyptian exports.