Egypt will focus on boosting industrial output

Significance Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would create a more resilient source of foreign exchange and so boost Egypt's longstanding vulnerability to external shocks. Impacts Developing the industrial sector will require a shift in investment priorities away from infrastructure and real estate. Egypt has a diverse export slate, but the lack of any clear leaders will hold back rapid expansion. Despite not making major commitments yet, Chinese investors will show interest in helping develop Egypt as an export platform.