Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat attended the opening of Bosta’s automated sorting center, the largest of its kind in the Middle East, with investments totaling $5 million, underscoring the government’s continued support for entrepreneurship and technology-driven growth.

 

The new facility houses the region’s largest automated sorting machine, with a capacity of 11,000 shipments per hour and up to 250,000 shipments per day.

 

Bosta aims to deliver around 80 million shipments in 2026, reflecting the rapid expansion of Egypt’s logistics and e-commerce sector.

 

The opening ceremony was attended by Bosta Founder and CEO Mohamed Ezzat, former DHL CEO Ken Allen, former GAFI CEO Hossam Heiba, alongside a group of entrepreneurs and representatives of Egypt’s start-up community.

 

In her remarks, Al-Mashat said the expansion reflects the significant leap witnessed by Egypt’s logistics sector, driven by the continuous growth of e-commerce and the ability of Egyptian entrepreneurs to leverage technology and innovation to enhance service delivery.

 

She stressed the government’s commitment to providing incentives and facilitation to support start-ups, describing them as a key pillar for economic growth, job creation, and productivity enhancement. 

 

Al-Mashat noted that ongoing efforts through the Ministerial Group for Entrepreneurship, in cooperation with stakeholders across the ecosystem, have resulted in a number of facilitation measures and incentives that are set to be announced soon.

 

The minister also highlighted cooperation between Egyptian start-ups, pointing to the collaboration between Bosta and Simplex, a local machine manufacturing company, as an example of integration within the start-up ecosystem and a reflection of the Egyptian market’s competitiveness.

 

Referring to her participation in the World Economic Forum in Davos, Al-Mashat noted that global discussions emphasized the growing importance of technology and artificial intelligence, adding that start-ups’ ability to adopt modern technologies will be reflected in the sector’s growth.

 

She said entrepreneurship and innovation have become a fundamental pillar for economies seeking to overcome the middle-income trap, citing World Bank assessments that link innovation and technology adoption to higher growth, employment, and productivity.

 

Al-Mashat also pointed to the launch of Egypt’s Narrative for Comprehensive Development, which outlines a roadmap for the economy through 2030, stressing that entrepreneurship and innovation form a core component of the national development framework and play a central role in enhancing Egypt’s economic competitiveness.