Cairo:Industry Minister Khaled Hashem announced that the Egypt Forum 2026 will play a crucial role in strengthening the industrial sector by addressing the challenges faced by manufacturers. The forum aims to foster dialogue between the government and industry stakeholders to promote growth, attract investment, and support domestic production.

According to State Information Service Egypt, Minister Hashem emphasized that organizing the forum at this time underscores the government's dedication to listening to manufacturers, eliminating operational obstacles, and developing practical solutions to their challenges.

The minister also highlighted efforts to create more opportunities for young people and support Egypt's broader economic development plans. The government is working on simplifying industrial licensing procedures and accelerating the approval process through clear and streamlined mechanisms.

Universities are expected to play a significant role in contributing ideas and proposals at the forum, which could be instrumental in addressing the challenges facing the industrial sector in the future. Hashem announced the implementation of new measures aimed at simplifying the procedures for factories to obtain insurance documents via the Ten-Year Insurance Pool (Al-Mogamaa Al-Ashariya).

These measures are designed to reduce financial and administrative burdens on industrial investors, expedite project implementation, and facilitate the start of production. He reaffirmed the government's commitment to reviewing, streamlining, and digitizing administrative procedures to enhance the business environment and encourage industrial investment.