As part of the visit of Lieutenant General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, to Turkey to participate in the Global Transport Connectivity Forum 2025 held in Istanbul, the Minister held a series of meetings and participated in discussions with a number of senior officials and manufacturers. The aim was to deepen international partnerships in the industrial and transport sectors and support Egypt’s drive towards regional and international integration in accordance with Egypt Vision 2030.
The Minister began his meetings with Mr. Uğur Dalbilir, Vice President of the International Federation of Steel Manufacturers and Traders (FITA) and Vice President of the Turkish Steel Manufacturers’ Association (TSI). The meeting discussed ways to enhance cooperation in the metal industries sector, particularly the iron and steel industry, which is a strategic pillar in the sustainable development plans of both countries. The Minister emphasized that Egypt, under the leadership of His Excellency President Abdel Fattah El-Sisi, places the expansion of heavy industries and technology transfer at the top of its priorities. He also welcomed all initiatives that contribute to deepening local manufacturing and increasing exports.
Localizing Heavy Industry and Supporting Exports
The Minister emphasized that the iron and steel sector in Egypt is witnessing rapid growth in light of the urban expansion and comprehensive industrial renaissance taking place in the country. He emphasized that localizing heavy industries represents a key pillar of the state’s strategy to achieve self-sufficiency and increase industrial exports.
The Minister highlighted the importance of joint work with major international organizations, most notably the World Steel Federation (worldsteel), which includes more than 160 companies and organizations from 69 countries. He noted that the Turkish Steel Association (TISPA) is a promising strategic partner for Egypt, given its active membership in the world federation and its representation of approximately 90% of Turkish crude steel production.
An Ambitious Plan to Advance Industry by 2030
Lieutenant General Kamel El-Wazir explained that the Egyptian government aims to increase industrial production to $227 billion by 2030, with an annual growth rate of 20%.
He emphasized the government’s full readiness to support Turkish investors, especially in the real economy, calling for the establishment of sustainable industrial partnerships.
He pointed to the Egyptian government and its agencies’ openness to providing all forms of technical and procedural support to foreign investors, particularly Turkish investors, who have expressed a desire to strengthen their presence in the Egyptian market.
