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HomeNewsEgypt’s Chemical Sector to Attract $1.8bn in New Investments by 2027

Egypt’s Chemical Sector to Attract $1.8bn in New Investments by 2027

Egypt’s Chemicals and Fertilizers Export Council expects $1.8bn in investments during 2026–2027, driven by expansions and new projects in fertilizers, basic chemicals, and specialty chemicals, according to council chair Khaled Abou El Makarem.

He said the council is preparing a memorandum to Prime Minister Mostafa Madbouly before 15 January proposing measures to stimulate industrial investment, expand production capacity, and boost the sector’s global competitiveness. The plan includes investment incentives, dedicated financing mechanisms, and a clear investment map focused on localizing strategic industries and supporting exports.

Abou El Makarem noted the Prime Minister has called for doubling local investment, stronger private-sector participation, and a five-year investment plan developed with export councils.

Meanwhile, Mohamed Mageed, Executive Director of the council, said chemical exports rose 10% year-on-year to $7.723bn during  January–October 2025. Fertilizers led exports at $2.244bn, followed by plastics ($1.802bn) and petrochemicals, which grew 22% to $1.402bn.

Italy, Turkey, Brazil, Spain, France, Libya, Belgium, Lebanon, Morocco, and Algeria accounted for more than 56% of total exports. The council is targeting $9.5bn in chemical and fertilizer exports by end-2025, with continued growth expected in 2026.

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