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Egypt and Türkiye strengthen industrial and steel sector ties during ministerial visit to Istanbul

During his visit to Türkiye for the Global Transport Connectivity Forum 2025 in Istanbul, Lieutenant General Kamel El-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, engaged in high-level discussions with key Turkish officials and industrial leaders.

Egypt and Türkiye strengthen industrial and steel sector ties during ministerial visit to Istanbul

The visit aimed to foster stronger cooperation in the industrial and transportation sectors and to support Egypt’s regional and global integration efforts under Egypt Vision 2030.

Among his first meetings was a session with Mr. Uğur Dalbilir, Vice President of the International Federation of Steel Manufacturers and Traders (FITA) and Vice President of the Turkish Steel Producers Association (TSI). Their talks focused on reinforcing collaboration in the metals sector, with special emphasis on the iron and steel industry—a core element in the long-term development strategies of both nations. Minister El-Wazir underlined Egypt’s commitment, under the leadership of President Abdel Fattah El-Sisi, to expanding heavy industries and encouraging the transfer of advanced industrial technologies. He expressed support for initiatives that boost domestic manufacturing capabilities and enhance export potential.

The Minister highlighted the ongoing expansion of Egypt’s iron and steel sector, driven by rapid urban development and a nationwide industrial revival. He emphasized that strengthening local production in heavy industries is central to the government’s broader strategy to reduce dependency on imports and to grow industrial exports.

He also pointed to the value of partnering with leading international bodies, such as the World Steel Association (worldsteel), which brings together over 160 organizations from 69 countries. The Turkish Steel Producers Association (TISPA), which accounts for nearly 90% of Türkiye’s crude steel output and is an active member of worldsteel, was recognized as a key strategic ally for Egypt in this regard.

Lieutenant General El-Wazir stated that Egypt aims to grow its industrial output to $227 billion by 2030, maintaining an annual growth rate of around 20%. He reaffirmed the Egyptian government’s strong support for Turkish investors, particularly those focused on real-economy sectors, and encouraged the creation of long-term, sustainable industrial partnerships.

He also assured that Egyptian institutions are fully prepared to provide both technical and procedural assistance to foreign investors. In particular, he welcomed the increasing interest from Turkish companies looking to strengthen their footprint in the Egyptian market.

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