Madbouly: EGP 11 Trillion in Private-Sector Projects to Drive Egypt’s Economic Growth
Egyptian Prime Minister Mostafa Madbouly said the state’s investment in infrastructure has played a key role in attracting major investments from both domestic and foreign private-sector companies.
Egypt Expands Public-Private Partnerships
Madbouly made the remarks following the announcement, in the presence of President Abdel Fattah El-Sisi, of an agreement between the Egyptian state and Talaat Moustafa Group Holding to develop, establish, and operate four major mixed-use projects with a combined investment value of around EGP 11 trillion.
The announcement was made during a session titled “Urban and Urban Development” on the second day of Egypt Forum 2026.
Madbouly said the agreement reflects Egypt’s strategy of expanding partnerships with the private sector and maximizing the value of state-owned assets.
Infrastructure Investment Boosts Investor Confidence
The prime minister explained that the government had previously been required to inject significant investments into infrastructure to establish the necessary foundations for economic development and encourage private-sector companies to invest.
The development of modern infrastructure, he added, has increased private-sector confidence and encouraged companies to propose large-scale projects in partnership with the state.
Madbouly stressed that investments of this magnitude require long-term confidence in the Egyptian state, its ability to fulfill its commitments, and the investment returns that can be generated from major projects.
EGP 11 Trillion Investment Across Multiple Sectors
Madbouly noted that the projects covered by the agreement span several sectors, including urban development, tourism, industrial activities, and logistics, with the EGP 11 trillion investment to be injected over the course of their implementation.
He emphasized that the state’s returns would not simply come from selling land. Instead, the partnership model would generate sustainable and recurring returns through the state’s participation in the projects and the profits they generate.
State Returns to Support National Projects
The prime minister also pointed to major projects being financed outside the state’s regular budget, describing public-private partnerships as an important model for supporting national development.
According to Madbouly, the returns generated by such partnerships are directed toward national projects that directly benefit citizens, including the development of informal settlements, social housing, housing for priority groups, roads, public services, and the Haya Karima (Decent Life) initiative.
Projects to Create 6 Million Job Opportunities
The newly announced projects are expected to create approximately 6 million job opportunities for young men and women throughout their implementation period, including direct and indirect employment.
In addition to other financial returns, the state is expected to collect approximately EGP 2.4 trillion in taxes from the projects.
Madbouly said the partnership model aims to maximize the use of state assets, create employment opportunities, support economic growth, and ensure that Egyptian citizens benefit from the returns generated by these major investments.