The Egyptian government is evaluating proposals to privatize ownership of selected public sector holding companies and their subsidiaries to reduce public debt and maximize economic returns, according to government spokesperson Mohamed El-Homosany. Prime Minister Mostafa Madbouly confirmed that the state is advancing its exit plan to increase private sector participation across multiple economic sectors.
State Property Policy Document Drives Economic Restructuring
The privatization push falls under the second edition of Egypt’s State Ownership Policy Document covering the 2026–2030 period. According to Prime Minister Mostafa Madbouly, restructuring state-owned enterprises ensures professional management, proper governance, and transparency. Madbouly stated that this approach maximizes asset benefits and secures the best economic returns for public debt reduction.
The government’s broader economic reform agenda focuses on improving the business climate, attracting both local and foreign investment, and simplifying administrative procedures. State officials are actively monitoring performance indicators and reform blueprints for public enterprises to ensure operational efficiency.
Asset Inventory and Land Valorization Strategies
During recent high-level meetings, officials reviewed the consolidated financial indicators of various holding companies alongside data tracking unused assets. Spokesperson Mohamed El-Homosany noted that the executive branch aims to unlock the value of state-owned land parcels for productive economic activities. Authorities are compiling ready-to-offer investment opportunities based on a comprehensive census of underutilized assets sourced from official institutional databases.
The administration emphasized that transferring or redistributing public sector firms forms part of an integrated management strategy. Officials stated that these structural adjustments will not disrupt ongoing business operations, active development projects, or baseline production efficiency.
High-Level Coordination and Foreign Investor Opportunities
Prime Minister Madbouly led the policy discussions alongside key economic ministers and officials. Participants in the meetings included Deputy Prime Minister for Economic Affairs Hussein Issa, Minister of Investment and Foreign Trade Mohamed Farid Saleh, Prime Minister Assistant and State-Owned Enterprises Unit Managing Director Hashem El-Sayed, and Assistant Investment Minister Saeed Arafa. Minister of Finance Ahmed Kouchouk and Deputy Minister Yasser Sobhi contributed to the sessions via videoconference.
These economic openings create potential entry points for international investors, including Italian firms, looking at opportunities in industrial real estate, logistics infrastructure, and equity stakes in newly privatized Egyptian state enterprises.
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