Egypt eyes $7bn in engineering exports by 2025-end
Egypt’s engineering sector is aiming for a record-breaking $7 billion in exports by the end of 2025, according to Sherif El-Sayyad, Chairperson of the Engineering Export Council of Egypt. In the first quarter of 2025 alone, engineering exports grew by 12%, reaching $1.489 billion compared to $1.330 billion during the same period in 2024. El-Sayyad stated that the Council is targeting an annual export growth rate of between 20% and 30%, which, if achieved, would mark the highest export figure in the sector’s history.
His remarks came during the fourth edition of the EXXA Engineering Export Excellence Awards, a major event organized by the Engineering Export Council. The celebration brought together a wide range of sector representatives, as well as senior officials from the Ministries of Investment, Trade and Industry, and Finance. El-Sayyad highlighted the Council’s ongoing efforts to expand into new markets and overcome sector-specific challenges. He noted that a growing number of Egyptian companies are producing high-quality products that carry the “Made in Egypt” label and are proving competitive on the global stage.
El-Sayyad also pointed to the positive impact of new foreign investments entering the Egyptian market. Many of these investments are geared toward export-oriented production, with at least 50% of their output intended for international markets. This trend, he explained, enhances the sector’s growth potential and strengthens Egypt’s position in global engineering supply chains.