Egypt considers establishing dedicated agency for steel industry
Time:Mon, 09 Nov 2026 08:08:50 +0800
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The Egyptian government is considering setting up a dedicated body under the Ministry of Industry to support the development of the iron and steel industry and improve coordination between domestic producers and public authorities. The initiative aims to promote industrial policies based on more comprehensive data and strengthen the decision-making process.
Egyptian Prime Minister Mostafa Madbouly reaffirmed the country's ambition to become a regional steel production hub and increase the industry's contribution to the national economy.
He also said that work is ongoing with the private sector to establish 10 technical schools accredited by the European Union. The plan aims to train skilled workers needed by various industries, particularly the iron and steel sector, and improve professional skills in production processes.
