{"id":707375,"date":"2026-06-03T00:00:00","date_gmt":"2026-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=707375"},"modified":"2026-06-03T03:29:03","modified_gmt":"2026-06-03T03:29:03","slug":"ida-seeks-egp-21-bn-to-fix-industrial-land-shortage","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/ida-seeks-egp-21-bn-to-fix-industrial-land-shortage\/","title":{"rendered":"IDA seeks EGP 21 bn to fix industrial land shortage"},"content":{"rendered":"

The Industrial Development Authority (IDA) is asking parliament for EGP 21 bn over t<\/strong>he next three years to complete infrastructure across 17 industrial zones<\/strong> \u2014 and lawmakers want to know why the authority isn\u2019t self-financing. IDA Chairperson Nahed Youssef presented the request during parliamentary budget discussions, with the funding to be channeled through the Industrial Zones Support Fund. The request comes weeks after five new zones were transferred to the IDA\u2019s jurisdiction, deepening pressure on the government to expand the supply of investment-ready land.<\/p>\n

Parliamentary pushback: <\/strong>House Industry Committee Chairman Ahmed Bahaa Shalaby argued the industrial sector has the resources to self-finance and should maximize its own revenues instead of leaning on the state budget.<\/p>\n

The IDA\u2019s defense is structural: <\/strong>Vice Chairman Ahmed Abdel Raouf countered that the Industrial Zones Support Fund hasn\u2019t received direct Finance Ministry funding since 2013, leaving the authority to rely on its own surpluses to cover infrastructure works that local administrations failed to complete in areas like Beni Suef and Giza.<\/p>\n

The deeper point is that the IDA\u2019s financial model is fundamentally different from agencies like the <\/strong>New Urban Communities Authority (NUCA).<\/strong> The state intentionally subsidises industrial plots and offers flexible installment and usufruct plans to slash factory setup costs and attract capital. Because the IDA doesn\u2019t sell land at market value like NUCA, it doesn\u2019t generate massive revenues \u2014 and whatever proceeds it does collect are absorbed by existing infrastructure and zone-management costs, leaving it dependent on public funding to service new areas.<\/p>\n

Access to serviced land remains a major hurdle: <\/strong>Securing serviced land is among the top obstacles for investors, the <\/a>latest World Bank Enterprise Survey<\/a><\/a> found, with companies waiting an average of 89 days for new electricity connections and 86 days for construction permits \u2014 significantly behind regional and lower-middle-income peers. The delays drive up upfront costs and tie up capital long before operations begin.<\/p>\n

The supply-versus-pricing gap is now visible in transactions: <\/strong>The government offered nearly 6.5k industrial plots in 2025 across 23 governorates, but inadequate utility readiness has constrained their conversion into functioning factories. The constrained supply has produced striking pricing distortions: in 10th of Ramadan City, land has reached EGP 30k per sqm in some transactions, against the official EGP 6k rate.<\/p>\n

The unserviced land proposal the government has rejected:<\/strong> Federation of Egyptian Industries board member Mohamed El Bahy tells EnterpriseAM the government has turned down proposals to offer unserviced land at lower prices for investors to develop themselves \u2014 a model that could reduce upfront costs and expand the available supply substantially. The government\u2019s insistence on fully servicing zones before offering plots has severely limited supply and intensified competition. An industry source tells us they were left empty-handed in the last two allocation rounds, while many zones in Upper Egypt remain unequipped with the utilities needed to attract capital.<\/p>\n

\n

A new IDA offering<\/p>\n

IDA announced its 14th plot offering through the <\/strong>Egypt Digital Industrial Platform<\/a><\/strong> yesterday<\/strong> \u2014 400 newly serviced plots totalling 900k sqm across 24 industrial zones in 15 governorates, with applications opening today and running through to 11 June. Plot sizes range from 300 sqm to 22k sqm, calibrated for small, medium, and large manufacturers across food, engineering, chemicals, pharma, textiles, and building materials.<\/p>\n

The offering comes with reduced application fees, a waived financial <\/strong>guarantee<\/strong>, and a smaller reservation deposit<\/strong>, all geared to lower the upfront costs that the Federation of Egyptian Industries has flagged as blocking investors. It\u2019s the first IDA offering to specify target products plot-by-plot within each industrial activity, aimed at localizing feeder industries to secure supply chains and bridge import gaps, Youssef says.<\/p>\n

Key developments to watch include <\/strong>Parliament's decision on the EGP 21 bn request, the 29 June allocation results from the 400-plot offering \u2014 which will tell us how strong demand actually is for serviced industrial land \u2014 and whether the unserviced-land proposal gets revisited as supply pressure intensifies. The 10th of Ramadan EGP 6k-vs-EGP 30k pricing gap is the clearest signal of how constrained the supply has become.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Industrial Development Authority is asking for EGP 21 bn to service 17 industrial zones, but lawmakers want the authority to rely on its own resources<\/p>\n","protected":false},"author":1,"featured_media":707376,"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":[8661],"tags":[72,7196,12121],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-707375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-enterpriseam","tag-industry","tag-industry-ministry","wpautop","entry"],"acf":{"mongo_id":"0f6f5a52-c370-4200-b6ca-993803abe2b9","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/935.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The EGP 21 bn question","related_issue":[707370],"teaser":"The Industrial Development Authority is asking for EGP 21 bn to service 17 industrial zones, but lawmakers want the authority to rely on its own resources"},"yoast_head":"\nIDA seeks EGP 21 bn to fix industrial land shortage - 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Under the contracts, the two companies will be required\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626690,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/elsewedy-subsidiaries-sdm-pip-to-invest-egp-880-mn-in-developing-sadat-city-industrial-zones\/","url_meta":{"origin":707375,"position":1},"title":"Elsewedy subsidiaries SDM, PIP to invest EGP 880 mn in developing Sadat City industrial zones","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Elsewedy Group subsidiaries SDM and Pyramids Industrial Parks signed with the Industrial Development Authority (IDA) contracts to develop industrial zones in Sadat City at a combined investment cost of EGP 880 mn, Elsewedy said in a disclosure to the EGX (pdf). IDA head Ahmed Abdel Razek had said the two\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632711,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/ida-signs-contracts-with-polaris-al-zamil-sdm-for-two-industrial-zones-in-sadat-city\/","url_meta":{"origin":707375,"position":2},"title":"IDA signs contracts with Polaris Al Zamil, SDM for two industrial zones in Sadat City","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) signed on Thursday contracts with Polaris Al Zamil and SDM to develop two 1.4 mn sqm industrial zones in Sadat City at an initial investment cost of EGP 500 mn, according to a Trade and Industry Ministry statement (pdf). Initial designs will be complete in\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562206,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/wanna-invest-in-some-industrial-zones\/","url_meta":{"origin":707375,"position":3},"title":"Wanna invest in some industrial zones?","author":"enterpriseam admin","date":"11 May 2021","format":false,"excerpt":"Industrial investors can expect more clarity on how to create and manage both industrial zones and businesses that operate in them after the Trade and Industry Ministry approved yesterday the executive regulations to the law regulating the Industrial Development Authority (IDA). The Madbouly government will also be making public its\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/108.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648815,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/ida-to-establish-seven-new-industrial-zones\/","url_meta":{"origin":707375,"position":4},"title":"IDA to establish seven new industrial zones","author":"enterpriseam admin","date":"12 April 2017","format":false,"excerpt":"The Industrial Development Authority (IDA) is gearing up to establish seven new industrial zones in Upper Egypt, Six October City, and 10th of Ramadan City, chief Ahmed Abdelrazek said on Tuesday, Al Borsa reports. The areas are expected to house around 200 factories operating in a wide variety of industry\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/regs-for-ida-autonomy-ready-by-month-end\/","url_meta":{"origin":707375,"position":5},"title":"Regs for IDA autonomy ready by month-end","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"LEGISLATION WATCH- Regs for granting IDA independence from Trade Ministry ready by month-end: The Industrial Development Authority is planning to finalize by the end of this month the draft executive regulations for recently passed legislation granting the authority operational autonomy, a source from the IDA told Amwal Al Ghad. 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