CAIRO — Egypt is accelerating efforts to attract foreign direct investment (FDI) and deepen private sector participation, as the Ministry of Planning and Economic Development (Egypt) held high-level discussions with the World Bank Group on the country’s investment strategy and medium-term economic outlook.
According to an official ministry statement, Minister Ahmed Rostom met with World Bank representatives, including Stefan Gimbert, to review progress on Egypt’s FDI strategy, which is being developed in parallel with a broader reform programme aimed at improving the business environment and strengthening competitiveness.
The government is targeting economic growth of 5.4% in the 2026/2027 fiscal year, rising to 6.8% by the end of the medium-term plan (2027/2028–2029/2030). The strategy is underpinned by planned investments of approximately EGP 3.7 trillion, with a gradual increase in private sector participation to 64% of total investment by 2030, according to the ministry.
Officials emphasised that ongoing reforms are focused on enabling the private sector, streamlining the investment climate, and enhancing productivity across key economic sectors. The plan also prioritises human development through increased allocations to health and education, alongside continued investment in infrastructure and social protection initiatives, including the presidential “Hayah Karima” (Decent Life) programme.
Representatives of the World Bank welcomed Egypt’s reform trajectory, noting that recent policy measures have contributed to improved macroeconomic stability and stronger economic indicators, while stressing the importance of maintaining reform momentum to further enhance competitiveness and attract investment inflows.
As The Middle East Observer notes, Egypt’s evolving FDI strategy reflects a structural shift toward a private sector-led growth model, positioning investment as a central driver of economic expansion. The Middle East Observer highlights that the success of this approach will depend on the pace and consistency of reform execution, particularly in translating investment flows into productivity gains, job creation, and sustainable growth outcomes.
