Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Share
What can we expect from IDG this year? Samcrete Holding’s industrial arm, Industrial Development Group (IDG), plans to invest EGP 3 bn to develop its industrial zones this year, Managing Director Shady William said during a presser attended by EnterpriseAM earlier this week.
What zones? IDG currently owns three industrial zones — its 6 of October industrial park, dubbed e² October, its New Alamein zone, dubbed e² Alamein, and its East Port Said development, dubbed eP.
Development timeline: The company plans to finish developing its Sixth of October and New Alamein zones within 3-5 years, William said, explaining that work on the East Port Said development will take between 10-15 years.
A New October zone? The developer secured a plot in New October City back in 2023 from the New Urban Communities Authority and is currently in the process of finalizing its acquisition of the land.
Fresh industrial partnerships are in the cards for IDG: The group is currently looking into a number of strategic partnerships across various sectors — it plans to enter 3-4 partnerships with foreign investors throughout 2025, William said. He highlighted the automotive and pharma sectors as key areas of cooperation.
In line with our auto ambitions: IDG is also exploring opportunities with specialized automotive companies to set up auto feeding industries in its zones — a move that would be very welcome as it falls in line with our automotive localization push.
Going regional? IDG is exploring the idea of stepping into other African markets through setting up integrated industrial zones there, WIlliam said, noting that the Egyptian market remains the most attractive to investors.
Navigating high-interest-rate headwinds: High borrowing costs have put pressure on IDG’s investment plans, but it is still committed to abiding by timelines agreed upon with the state, William noted. The company is mitigating the impact by prioritizing projects and optimizing cost management, ensuring it stays on course with its development goals.
