The government of Egypt has announced an expansion of export incentive programmes aimed at boosting growth in the semiconductor sector and other high-technology services.

Officials said the revised incentives are designed to attract more investment into advanced manufacturing, strengthen export capacity, and position the country as a competitive hub for technology-driven industries.

The initiative will reportedly provide enhanced support for companies operating in electronics, chip-related services, and digital engineering, as part of broader efforts to diversify the economy.

Authorities noted that the policy shift aligns with Egypt’s long-term strategy to move away from traditional revenue sources and build a more innovation-based industrial economy.

Industry analysts say the semiconductor focus reflects global demand for supply chain diversification, as countries seek to reduce dependence on concentrated production hubs.

The incentives are also expected to encourage foreign direct investment, create skilled jobs, and support technology transfer in high-growth sectors.

Government officials added that the programme will be implemented in phases, with additional reforms expected to further improve the country’s investment climate.