The Egyptian government plans to sell stakes in 4 state-owned companies before the end of the current fiscal year, with a targeted revenue of $ 1.9 billion, according to Egypt’s third progress report on the State Ownership Policy document.

According to the document, reviewed by Al Borsa, the plan also includes selling stakes in four more companies by the end of 2025, among them the Jebel El Zeit power plant, a stake in a state-owned bank, and El Amal El Sherif Plastics, following the government’s recent exit from United Bank under the fourth phase of the privatization program.

The report noted that the government has appointed 10 investment banks and legal advisors to manage offerings in 10 companies, including Misr Pharmaceuticals, SED Pharmaceuticals, MIDOR, Safi (the National Company for Bottled Water), the National Petroleum Products Company, Silo Foods, the National Roads Company, and Chill Out, alongside others included in phase four of the program.

Between March 2022 and June 2025, the government executed 19 transactions, raising $ 5.86 billion, equivalent to 48% of the total program target.

Beyond public offerings, the government is seeking to attract further private sector investment and empower its role in the economy.

 The Ministry of Finance’s Public–Private Partnership (PPP) unit is preparing to launch around four new projects with an estimated investment cost of EGP 16 billion, while working to assess the cost of an additional 11 projects.

Meanwhile, the Higher Committee for Public–Private Partnerships approved 32 projects in the past fiscal year, including 21 projects with a combined investment cost of EGP 41.3 billion.