Egypt offers 31 ready-to-operate leather units in Robbiki

The offering includes factories and workshops ranging from 121 to 2,000 square metres dedicated to finished leather goods and complementary industries.

It is offered under an ownership system requiring a 25 percent down payment, a one-year grace period, and instalments of up to five years at a concessional 10 percent interest rate.

Applications will be open from 5 to 25 May through the company’s newly launched online portal.

Nahed Youssef, chairperson of the company and head of the General Authority for Industrial Development, said the offer is part of the Ministry of Industry’s broader strategy to support investment and expand local manufacturing, particularly in strategic sectors.

She added that the units are fully serviced and designed to meet different investor needs, ranging from large factories to small workshops, within one of Egypt’s main specialized industrial zones.

The package includes six factories of 2,000 square metres each, 10 factories of 1,000 square metres, and 15 small workshops of 121 square metres. It also features five service units allocated for supporting activities such as retail outlets, showrooms, and restaurants, aimed at strengthening integration between industrial and service operations within the city.

Youssef added that the payment scheme is structured to ease financial burdens on investors, allowing them to prioritize operational setup during the early stages. Investors may also opt for immediate full payment in exchange for additional incentives and discounts.

Applicants are allowed to apply for more than one unit, enabling expansion based on production needs.

The offer also includes optional financing through major banks, including the National Bank of Egypt, Banque Misr, Export Development Bank of Egypt, and QNB Alahli, to support investment and operating costs.