The Egyptian government is vigorously promoting the modernization process of the country, with a planned total investment of 565 billion US dollars for market development, covering key areas such as the new administrative capital, energy transformation, manufacturing, and digital economy. According to Egypt's Vision 2030, the country is committed to achieving economic diversification and sustainable development, and is deeply connected with China's the Belt and Road Initiative.

Egypt is currently the third largest construction market in the Middle East and Africa region, with a total of $565 billion in construction projects and an additional $120 billion in projects under construction. The new administrative capital project, as the core project with a total investment of 45 billion US dollars, aims to alleviate the population pressure in Cairo and create a modern city that can accommodate 5-7 million people.

The economic and trade cooperation between China and Egypt is becoming increasingly close, with a bilateral trade volume of 17.38 billion US dollars by 2024. In the field of energy, the largest integrated photovoltaic and energy storage power station in Egypt, the 1GW photovoltaic+600MWh energy storage project undertaken by China Energy Construction, has been launched in December 2024. In terms of manufacturing, GAC Group plans to invest 300 million US dollars to establish an automobile manufacturing plant in Egypt, while OPPO Group has built Egypt into its second largest mobile phone production center in the world.

Despite the broad prospects of the Egyptian market, investors still need to pay attention to challenges such as exchange rate fluctuations, inflationary pressures, and supply chains. The inflation rate in Egypt once exceeded 30% in 2023 and remained at around 25% by the end of 2024. The security situation in the Red Sea region also has a certain impact on shipping costs and logistics efficiency between China and Egypt.

Egypt, with its strategic location, demographic dividend, and resource endowment, is becoming a key market focus for global investors. With the advancement of the 2030 Vision, China Egypt cooperation will usher in broader opportunities in areas such as energy green transformation, manufacturing, and digital economy. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website feature editor/Yang Beihua