The purpose of this meeting is to boost the sector's exports in the coming period, Madbouly added.
Minister Samir pointed out that Egypt’s merchandise exports reached about $36 billion in 2023.
The proposed project entails the construction of a sodium cyanide factory in Egypt, primarily focusing on meeting local demand and exporting 80% of the production to markets in the Nile Basin, the Middle East, and Africa
Samir confirmed that the government seeks to increase industrial output by 20% annually and raise the contribution of the green economy to the gross domestic product to at least 5%.
Minister Samir emphasized that Italy holds a significant position as one of Egypt's foremost global economic allies.
