Egypt’s economic development critically hinges upon the competitiveness and growth of the industrial sector. By occupying an integral part in the economic structure, the Egyptian industry is considered to be the engine of economic growth, exports expansion and job creation. According to the Industrial Development Strategy (IDS), Egypt is projected to be a leading industrial country in the MENA region in terms of industrial performance as well as a main export hub for medium-technology manufactured products by 2025. Within this framework, the Industrial Modernization Centre (IMC) was established by a Presidential Decree in December 2000 to give an impetus for a sustainable, modernized, vibrant and competitive Egyptian industry. The aim is to support the industrial enterprises, create an enabling business environment for the industrial sector, in coordination with the Ministry of Trade and Industry.

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