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Industry minister engages Pharma Chamber to drive sector growth, boost exports

Industry minister engages Pharma Chamber to drive sector growth, boost exports
Egypt’s Minister of Industry, Khaled Hashem, held an extensive meeting with the Chamber of Pharmaceutical, Cosmetics and Medical Supplies Industries to discuss key challenges facing the sector and explore measures to strengthen its performance and export potential in the coming period. The meeting was attended by the Chamber’s chairperson, alongside board members, representatives of the Export Council for Medical Industries, and senior ministry officials. At the outset, Hashem emphasised that medical industries represent one of Egypt’s strategic priority sectors, encompassing pharmaceuticals, cosmetics, medical devices, dietary supplements, and veterinary products. He reaffirmed the ministry’s commitment to supporting the sector’s growth and enhancing its global competitiveness. He highlighted efforts to encourage pharmaceutical companies to expand local production of active pharmaceutical ingredients (APIs), positioning Egypt as a regional hub for the manufacturing and export of these critical inputs. Discussions focused on a number of key industry demands, including supporting manufacturers in obtaining European quality certifications to facilitate entry into Gulf and international markets. Participants also stressed the importance of upgrading production facilities, adopting advanced technologies, and improving access to financing from international institutions. Other priorities included streamlining procedures for obtaining local content certificates from the Industrial Development Authority and strengthening linkages between scientific research and industrial production to foster innovation within the sector. In response, Hashem directed enhanced coordination with relevant authorities to provide technical support for companies seeking internationally recognised certifications, particularly those accredited by European bodies. He added that such consultative meetings will be held regularly with industrial chambers to closely monitor sector needs and challenges, noting that the ministry will continue working with stakeholders to improve the regulatory and operational environment. For his part, El-Leithy described the pharmaceutical sector as one of Egypt’s most promising industries, with strong potential to significantly increase exports across regional markets. He underscored the importance of consulting the chamber prior to issuing decisions affecting the sector, in line with its advisory role under the law governing industrial chambers. The meeting reflects Egypt’s broader strategy to strengthen its industrial base, localise high-value manufacturing, and enhance the global competitiveness of its medical industries. The post Industry minister engages Pharma Chamber to drive sector growth, boost exports first appeared on Dailynewsegypt .
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