FINANCIAL NEWS

Egypt trade sector eyes 8 percent industrial growth

26 May 2016

(MENAFN) Egyptian trade and industry ministry aims achieving industrial growth of 8 percent, and lowering state’s deficit in trade balance by 40 percent until 2020.

Furthermore, the ministry also plans to enhance the participation of industry sector in the country’s GDP to 21 percent until 2020.

Additionally, he also intends to make 3mn new job chances in addition to boosting Egyptian exports by 100 percent yearly.

Meanwhile, the ministry is recently improving a future vision for the coming 5 years to upgrade both industrial and trade sector.

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