Egypt’s automotive sector has recorded significant growth, with the motor vehicle industry achieving an exceptional 50% increase during the first quarter of fiscal year 2025/2026, according to the Minister of Planning and Economic Development during his participation in the African Automotive Investment Forum, held as part of the “Alamein – Africa 2026” forum.
The minister explained that this growth comes amid strong performance by Egypt’s non-petroleum manufacturing industries, supported by structural reforms aimed at strengthening the productive base and creating a more attractive investment environment for the automotive sector. These efforts are intended to meet domestic market needs while expanding access to African markets.
At the broader economic level, Egypt’s GDP growth rate rose to 5.1% during fiscal year 2025/2026, compared with 4.4% in the previous year. The industry, telecommunications, and trade sectors collectively contributed approximately 48% of the total economic growth achieved.
The minister also highlighted that Egypt’s economic reform program focuses on improving competitiveness, expanding the role of the private sector, and supporting high-value-added and export-oriented industries, alongside continued efforts to improve the investment climate and attract foreign direct investment.
These efforts aim to strengthen Egypt’s position as a regional hub for automotive manufacturing and exports across Africa.
