Egypt is entering a new phase of economic transformation built on macroeconomic stability, sustainable development, and international cooperation, according to H.E. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation.
In this exclusive interview, she outlines how Egypt is positioning itself for long-term growth through ambitious reforms, renewable energy investments, and strategic global partnerships designed to accelerate development and attract private capital.
“The economy has been growing positively. This year we’re expected to grow above 4%,” she says, emphasizing that the country’s performance comes after a period of significant economic adjustment. For her, the current momentum reflects the impact of restoring macroeconomic stability through what she describes as “a very ambitious macroeconomic program.”
Building Growth Through Stability and Reform
Al-Mashat explains that Egypt’s development strategy is rooted in disciplined economic planning and policy coordination. At the center of that strategy is the government’s commitment to ensuring that public spending supports broader investment flows and long-term economic sustainability.
“We have a coherent way of spending, making sure that each and every pound that is spent is one that is able to attract private investments,” she says.
That approach, she notes, is closely aligned with Egypt’s national development objectives and the global Sustainable Development Goals. With 2030 approaching rapidly, Egypt is working to ensure that every reform and every policy initiative contributes to measurable progress.
“Each and every action, each and every policy reform is also linked to the 2030 agenda” H.E. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation.
She also highlights the urgency many governments now face as global SDG progress remains behind schedule.
Renewable Energy and Green Hydrogen at the Core of Egypt’s Future
Among the sectors she sees as most promising is renewable energy, an area Egypt has aggressively prioritized in recent years. The country’s renewable energy targets are becoming central to both economic policy and foreign investment attraction.
“Some of the promising sectors for Egypt include renewable energy,” Al-Mashat says. “We have our targets, which are 42% renewable energy by 2030.”
She points specifically to solar energy, wind energy, and green hydrogen production as strategic growth industries capable of positioning Egypt as a regional energy hub connecting Africa, Europe, and the Middle East.
“The possibility of producing green hydrogen and exporting it to Europe is another very promising sector,” she adds.
The transition toward green energy is not only about sustainability, but also about competitiveness, industrial expansion, and creating future-oriented investment opportunities capable of attracting international capital.
International Partnerships Driving National Development
A recurring theme throughout the conversation is Egypt’s reliance on international collaboration and multilateral partnerships to support national priorities.
“We are a country that believes in multilateral action, multilateral collaboration,” Al-Mashat says, noting Egypt’s longstanding role within the international system.
According to her, development partnerships are designed through a broad consultation framework involving both domestic stakeholders and global institutions. That coordination allows Egypt to align financing with sectors that have the greatest developmental impact.
“International partnerships to us are extremely important,” she explains. “We do it in a multi-stakeholder framework where there is national consultation across different stakeholders and also international consultations with our development partners.”
She highlights Egypt’s extensive cooperation with institutions including the World Bank, European Investment Bank, African Development Bank, and the United Nations system.
According to Al-Mashat, those partnerships span sectors ranging from climate financing and universal healthcare to food security, water management, transport infrastructure, youth inclusion, and gender equality.
“It’s a diversified portfolio,” she says. “We try to ensure there is complementarity between the development partners and that we leverage on the comparative advantage of each one of them.”
Aligning National Priorities with Global Goals
For Al-Mashat, one of Egypt’s major priorities is ensuring that national projects contribute directly to global sustainability objectives while still addressing domestic economic needs.
“When I look at the work that we are doing nationally, we would find that each and every project is in line with the global goals,” she says.
That alignment, she believes, strengthens Egypt’s attractiveness to development finance institutions and international investors increasingly focused on ESG, climate resilience, and sustainable infrastructure.
At a time when emerging markets are competing intensely for capital, Egypt is attempting to position itself as a country capable of balancing reform, infrastructure expansion, and sustainability simultaneously.
Egypt’s Long-Term Development Vision
Throughout the interview, Al-Mashat presents Egypt as a country undergoing structural transformation while maintaining a clear long-term vision. Economic resilience, renewable energy leadership, and coordinated international cooperation are all central pillars of that strategy.
Her message reflects a broader ambition: positioning Egypt not only as one of the region’s largest economies, but also as a key platform for sustainable growth, energy transition, and development-driven investment across Africa and the Middle East.
“Each and every project is in line with the global goals,” she says, framing Egypt’s development strategy as one deeply connected to both national priorities and international cooperation.
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