$1.2 Billion in Golden Licences Approved for New Projects in Egypt

Eight new Golden Licence approvals covering investments worth $1.2 billion have been issued by Egypt's Ministry of Investment and Foreign Trade across sectors including manufacturing, logistics, transportation, food processing and renewable energy.

The Golden Licence system, introduced under the Egypt Investment Law 2017 and implemented in September 2022, allows investors to obtain a single approval to establish, operate and manage projects without requiring additional permits from multiple government entities. More than 52 companies have received the licence as of March, alongside the launch of a digital government portal designed to streamline application procedures.

Several projects focus on manufacturing and logistics. MAC for Mobility Manufacturing plans to build a $121.6 million vehicle assembly and manufacturing plant in New 6th of October City producing gasoline, electric and hybrid cars as well as light transport vehicles. The project is expected to create around 1,000 jobs and target completion by January 2027.

In the logistics sector, Swiss company MEDLOG will develop a $115.4 million dry port and logistics centre in 10th of Ramadan City through a public–private partnership. The project is expected to create 650 jobs and begin operations by June 30th, 2027.

A major industrial project will be developed by Egyptian Soda Ash Company, which will establish a $680 million soda ash and sodium bicarbonate manufacturing facility spanning 1.121 million square metres. The plant is projected to create 600 direct jobs and around 2,000 indirect jobs, with operations targeted for June 30th, 2027.

Other approvals include a $172 million silicon manufacturing and purification facility by Al-Alamein Silicon Products Company, expected to generate 250 direct jobs and 2,000 indirect jobs. China’s Deli Group will establish a $167.4 million factory producing office, school and sports supplies in 10th of Ramadan City, creating approximately 2,200 jobs and targeting operations by February 15th, 2027.

Additional manufacturing investments include a $58 million linen spinning and weaving facility by Kingdom Linen in Sadat City, with production dedicated to export markets. Alamir Group will also develop a $19.15 million complex in Sadat City to process and package vegetables and fruits and produce potato paste, creating around 400 jobs.

Renewable energy projects are also included in the approvals. Masdar, through the UAE–Egypt joint venture Masdar IPH, received a licence for a $257.5 million wind power plant expected to generate around 2,000 jobs during construction and operations, with a commercial launch targeted for May 31st, 2027.