{"id":684853,"date":"2026-02-04T00:00:00","date_gmt":"2026-02-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/04\/egypts-engineering-exporters-look-to-solve-freezone-incentive-gap-south-america-and-west-africa-exports-to-help-hit-usd-13-bn-export-target\/"},"modified":"2026-02-04T00:00:00","modified_gmt":"2026-02-04T00:00:00","slug":"egypts-engineering-exporters-look-to-solve-freezone-incentive-gap-south-america-and-west-africa-exports-to-help-hit-usd-13-bn-export-target","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/04\/egypts-engineering-exporters-look-to-solve-freezone-incentive-gap-south-america-and-west-africa-exports-to-help-hit-usd-13-bn-export-target\/","title":{"rendered":"Egypt\u2019s engineering exporters look to solve freezone incentive gap, South America and West Africa exports to help hit USD 13 bn export target"},"content":{"rendered":"

Egypt\u2019s engineering exports are eyeing a massiv<\/strong>e leap from USD 6.5 bn <\/strong>in 2025 to USD 13 bn by 2030<\/strong>, Engineering Export Council (EEC) Chairman Sherif El Sayyad said yesterday at a conference attended by EnterpriseAM. To get there, the council is betting on a 15% annual growth rate \u2014 which the sector nearly met last year with a 13% y-o-y uptick.<\/p>\n

To get there, the ECC has a few ideas up its sleeve, including allowing freezone factories <\/strong>to trade rebates for rents<\/strong>. The council is currently lobbying the government to let manufacturers in freezones \u2014 who are currently ineligible for tax-offset incentives given to onshore exporters due to their unique tax status \u2014 credit these export subsidies directly against their General Authority for Investments and Freezones-mandated fees and rent.<\/p>\n

Efforts will also be helped by a Made in Egypt brand incentive<\/strong>, with the export rebate program set to include an extra 1% for companies exporting under their own registered Egyptian trademarks to reward those moving away from low-margin white-labelling. To move beyond simple assembly, the council is also looking to attract foreign investment in critical production inputs, such as refrigerator compressors and EV motors.<\/p>\n

Advanced talks are underway to establish a permanent logistics hub for Egyptian <\/strong>exports in C\u00f4te d\u2019Ivoire<\/strong>, intended to serve as a gateway to West African markets.<\/p>\n

The EEC is also looking West as far away as South America for export markets,<\/strong> with plans to launch its first exploratory trade mission to Brazil and Argentina in June. The move aims to capitalize on the Egypt-Mercosur Agreement, which is set to lower customs duties on most Egyptian engineering products to 0% by the end of 2026.<\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

To get there, the council is betting on a 15% annual growth rate<\/p>\n","protected":false},"author":1,"featured_media":684854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[144,72,8521,131,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-automotive","tag-enterpriseam","tag-exports","tag-manufacturing","tag-trade","wpautop","entry"],"acf":{"mongo_id":"1128978b-83f9-43ef-b5c2-baec37e71277","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/2\/277.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EEC looks to solve freezone incentive gap to help hit USD 13 bn export target","related_issue":[684845],"teaser":"To get there, the council is betting on a 15% annual growth rate"},"yoast_head":"\nEgypt\u2019s engineering exporters look to solve freezone incentive gap, South America and West Africa exports to help hit USD 13 bn export target - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/04\/egypts-engineering-exporters-look-to-solve-freezone-incentive-gap-south-america-and-west-africa-exports-to-help-hit-usd-13-bn-export-target\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s engineering exporters look to solve freezone incentive gap, South America and West Africa exports to help hit USD 13 bn export 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The figures show that the value of\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/316.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596407,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/egypts-chemicals-exports-down-10-in-1h2019\/","url_meta":{"origin":684853,"position":2},"title":"Egypt\u2019s chemicals exports down 10% in 1H2019","author":"enterpriseam admin","date":"27 August 2019","format":false,"excerpt":"Egypt\u2019s exports of chemicals decreased 10% in 1H2019 y-o-y to USD 2.4 bn from USD 2.7 bn in 2018 due to the delay of export subsidies and the low participation of companies in international exhibitions, Chemical & Fertilizers Export Council executive manager Walid Azzab said, according to AMAY. The government\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":684530,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/27\/finmin-to-raise-export-support-allocations-in-new-budget\/","url_meta":{"origin":684853,"position":3},"title":"FinMin to raise export support allocations in new budget","author":"enterpriseam admin","date":"27 January 2026","format":false,"excerpt":"The government is aiming for a 15% annual growth in exports, targeting USD 75 bn in total exports by the end of 2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542857,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/20\/non-oil-exports-hit-record-usd-32-bn-in-2021\/","url_meta":{"origin":684853,"position":4},"title":"Non-oil exports hit record USD 32 bn in 2021","author":"enterpriseam admin","date":"20 January 2022","format":false,"excerpt":"Non-oil exports rose 26% y-o-y to hit a record USD 32 bn in 2021, up from USD 25.4 bn in 2020, Trade and Industry Minister Nevine Gamea said in a statement. Government efforts to support exporters with subsidies and pay off arrears, restructure export councils, and bilateral and multilateral trade\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/245.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563874,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/27\/food-exports-rise-in-1h2021\/","url_meta":{"origin":684853,"position":5},"title":"Food exports rise in 1H2021","author":"enterpriseam admin","date":"27 July 2021","format":false,"excerpt":"The value of Egypt\u2019s food exports\u2019 increased 13% y-o-y during 1H2021, reaching USD 2 bn against USD 1.8 bn in the same period last year, according to figures released by the Food Export Council yesterday. Food accounted for 13% of the country\u2019s non-oil exports during the six-month period, which saw\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=684853"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684853\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/684845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/684854"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=684853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=684853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=684853"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=684853"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=684853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}