Egypt launches 1 billion EGP fund to restructure struggling factories

The Central Bank of Egypt and the Ministry of Industry have launched the ‘Struggling Factories Restructuring Fund’ with a total capital of 1 billion Egyptian pounds. The initiative follows presidential directives to restart non-performing factories and support industrial investment as a pillar of the national economy.

The fund aims to participate in the capital of struggling industrial entities that possess promising operational potential. By restructuring these facilities, the fund seeks to restore operational efficiency, enhance growth and sustainability, and maximize long-term value.

Key participating institutions include the National Bank of Egypt, Banque Misr, Arab African International Bank, Agricultural Bank of Egypt, and the Export Development Bank of Egypt. CI Capital has been appointed to manage the fund.