2021
1 Oct 2021
UNIDO supports the Egyptian Micro, Small and Medium Enterprises Development Agency in organizing the Turathna Exhibition for heritage and handicrafts, and provides support to women entrepreneurs in expanding their handicrafts business as part of the PCP’s value chain component.
1 Aug 2021
UNIDO provides capacity-building support to the Egyptian Micro, Small and Medium Enterprises Development Agency in the area of business development services.
1 Aug 2021
8 Jun 2021
UNIDO organizes a webinar on “Industry 4.0 in Egypt” to support the integration of advanced technologies in key industrial sectors as part of PCP Egypt.
2 Jun 2021
International Islamic Trade Finance Corporation partners with UNIDO to support Egypt’s cotton sector as part of the PCP’s value chain component.
2 Jun 2021
1 Jun 2021
As part of the PCP’s industrial policy and governance component, UNIDO organizes a webinar on “Disruptions to global value chains and industrial policy” to discuss the impacts of COVID-19 and possible avenues for Egypt’s recovery from the crisis.
1 May 2021
UNIDO, in cooperation with the African Development Bank and the Ministry of Trade and Industry, develops a policy paper on “Egypt’s participation in regional and global value chains” based on an analytical study with recommendations and sector-specific policy actions.
1 May 2021
28 Apr 2021
LI Yong, Director General of UNIDO, and Mostafa Madbouly, Prime Minister of Egypt, sign the PCP Egypt Programme Document officially starting the implementation phase.
15 Mar 2021
UNIDO supports the Egyptian Micro, Small and Medium Enterprises Development Agency in organizing the Al-Bazaar Exhibition, held under the auspices of President Abdel-Fattah El-Sisi, to promote Egyptian businesses and expand the handicrafts market.
15 Mar 2021
9 Mar 2021
UNIDO and Japan join hands to support Egypt with alternative approaches to single-use plastics production and consumption as part of the PCP.
2020
21 Aug 2020
UNIDO launches guidance on COVID-19 for the manufacturing sector in Egypt
21 Aug 2020
21 Jul 2020
UNIDO launches a road map for developing the PPE production in Egypt
19 May 2020
PCP supports development of a national road map for inclusive and sustainable industrial development (2020-2024) building on the results of the country diagnostic conducted during PCP programming.
19 May 2020
12 Mar 2020
The Egyptian Prime Minister, Mostafa Madbouly, issues a decree officially establishing the High-Level National Steering Committee of the PCP, chaired by the Minister of Trade and Industry. The Committee reports to the Prime Minister and is composed of representatives from all relevant ministries, national authorities and the business sector. PCP High-Level National Steering Committee holds a meeting to discuss the next steps for the PCP.
1 Feb 2020
Finalization of the PCP Programme Document and validation by the Government.
1 Feb 2020
2019
19 Dec 2019
UNIDO’s Director General meets with the President of Egypt to discuss PCP developments. They agree to expedite the programming phase and move the PCP towards implementation in early 2020. PCP national coordination body holds its second meeting.
19 Nov 2019
PCP national coordination body holds its first meeting.
19 Nov 2019
19 Oct 2019
UNIDO conducts a country diagnostic study to define the priority areas of the PCP and guide the formulation of the Programme Document and related technical interventions. PCP national coordination body established.
19 Sep 2019
UNIDO conducts a programming mission to Egypt. Consultations held with various United Nations entities and development partners, to introduce the PCP Egypt and highlight cooperation opportunities, take stock of the ongoing interventions in the country and identify potential synergies. The UN Resident Coordinator in Egypt and UNIDO hosted a workshop for representatives of the Afreximbank, the European Bank for Reconstruction and Development, the International Fund for Agricultural Development , and the World Bank Group to explore PCP cooperation
19 Sep 2019
6 Jul 2019
Egypt’s Prime Minister, UNIDO's Representative and the UN Resident Coordinator in Egypt meet to discuss the PCP.
19 Jun 2019
National consultation workshop held in Egypt bringing together the Government, the private sector and academia to discuss cooperation opportunities.
19 Jun 2019
19 Mar 2019
Consultations with the Government on the tentative priority areas for PCP Egypt.
2018
17 Oct 2018
The Executive Board of UNIDO approves the development of the Programme for Country Partnership for Egypt.
17 Oct 2018
Introducing Egypt
With an estimated population of 100 million people, Egypt is the most populous country the Middle East and the third-most populous in Africa. Egypt’s Gross Domestic Product was worth USD 235.37 billion in 2017 and the country had a growth rate of 4.2 percent the same year (World Bank 2018). Development challenges include generating sufficient labour market growth to meet the job needs of a large and growing population, high overall unemployment and sustained high inflation, which has significantly eroded household purchasing power.
The Government of Egypt has recognized these challenges and set ambitious development targets to reach through the reform programme Sustainable Development Strategy Egypt Vision 2030 with pillars on economic development, social justice, knowledge and innovation. In implementing the SDGs Government of Egypt has embarked on major economic reforms to restore macroeconomic stability and promote growth. Reforms aim to reduce unemployment and improve the business and investment climate. Signs are encouraging with a growth forecast of 5% in 2018, rising to 5.8% in 2020 (World Bank 2018) and a gradual lowering of the unemployment level.
PCP EGYPT
In October 2018, Egypt was announced as a new PCP country, the second such programme in the Arab region after Morocco. The PCP will support Egypt in advancing inclusive and sustainable industrial development in line with its national policies and development strategies, building on UNIDO’s long-standing technical cooperation portfolio in the country.
The PCP will help the Government of Egypt to achieve the goals of its Vision 2030, which aims at developing a competitive, balanced and diversified economy, based on innovation and knowledge, inclusiveness, and a collaborative eco-system. The programme will support the implementation of the national Industry and Trade Development Strategy 2016-2020, which seeks to increase the share of manufacturing value added from 18% to 21% of the gross domestic product (GDP).
UNIDO and the Government initiated the programming phase in 2019. UNIDO conducted a country diagnostic to help identify the main opportunities and bottlenecks for advancing industrialization in the country, and support the design and development of the PCP.
The PCP was formulated and will be implemented as a multi-stakeholder partnership with development partners, UN agencies, financial institutions and the business sector, under the overall leadership of the Egyptian Government.
PCP Egypt will focus on several priority industrial sectors and areas, namely: (i) Industrial policy; (ii) Investment promotion; (iii) Green industry; (iv) Smart cities and sustainable industrial parks; (v) Value chains; and (vi) Mainstreaming industry 4.0.
The sectoral priorities of the PCP include food, textiles and leather, furniture and handicrafts, chemicals, and electronics.
NATIONAL DEVELOPMENT GOALS
The PCP will support the achievement of the national targets of “Vision 2030”, focusing in particular on the economic development pillar:
- Manufacturing growth rate (10% by 2030)
- Manufacturing value added as percentage of GDP (18% by 2030)
- High technology exports as percentage of Egyptian manufacturing exports (6% by 2030)
- High technology exports as percentage of manufacturing exports (6% by 2030)
- Balance of the current account as percentage of GDP (from -3.7% in 2015 to 1% in 2030)
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