Egypt’s Industrial Development Authority (IDA) has announced the release of 400 ready-to-operate industrial units across 10 governorates. The facilities, ranging from 48 to 960 square meters, are equipped with necessary utilities and target sectors including engineering, pharmaceuticals, and food processing. Applications for these spaces are open from October 15 to 29, 2026, exclusively through the Egypt Industrial Digital Platform.
IDA Chairperson Nahed Youssef stated the initiative provides small entrepreneurs with immediate access to production sites, bypassing construction and infrastructure delays. The units are available under ownership or rental schemes depending on the location. Authorities confirmed some units were reclaimed from previous allottees who failed to meet operational timelines. The program offers financial incentives and simplified licensing to encourage local manufacturing and investment. #Egypt #Industry #Business #Economy