Egypt is stepping up efforts to strengthen industrial cooperation and attract new investment through a series of high-level meetings with regional partners during the 35th Annual Meeting and Business Forum of the European Bank for Reconstruction and Development (EBRD) in Riga, Latvia. The discussions focused on expanding trade opportunities, encouraging joint manufacturing projects, and building stronger economic links with key markets across Africa and the Middle East. 

Minister of Industry Khaled Hashem met with members of the EBRD Board of Directors to explore broader cooperation in areas such as energy, water management, vocational training, and support for small and medium-sized enterprises. The talks also examined ways to align development financing with Egypt’s industrial priorities and economic growth plans. 

During a meeting with Türkiye’s Deputy Minister of Treasury and Finance, Osman Çelik, both sides discussed increasing Turkish investment in Egypt, particularly in projects geared toward export markets. They also explored opportunities for joint manufacturing by combining Egyptian and Turkish production capabilities. Sectors identified for potential cooperation included textiles, engineering industries, automotive components, household appliances, chemicals, fertilizers, and renewable energy equipment. 

Hashem also held talks with Aminu Umar-Sadiq, Managing Director and CEO of the Nigeria Sovereign Investment Authority. The discussions centered on expanding investment cooperation and developing industrial partnerships that could serve both countries. Officials reviewed proposals for joint projects and examined the possibility of establishing a trade corridor under the African Continental Free Trade Area (AfCFTA), aimed at improving market access and boosting regional commerce. 

Another key meeting took place with Mohamed Tarek Bashir, Director of Treasury and External Finance at Morocco’s Ministry of Economy and Finance. The two sides explored ways to strengthen investment flows, improve financing mechanisms, and encourage industrial collaboration. Potential areas for future cooperation include automotive manufacturing, food processing, textiles, and related supply chains. 

The meetings reflect Egypt’s broader strategy of building stronger economic partnerships and increasing industrial integration with regional markets. By promoting investment, supporting joint production initiatives, and expanding trade networks, Egypt aims to enhance its position as a manufacturing and export hub serving both Arab and African economies.