Your Partner for a Competitive Egypt


Egypt's economic development critically hinges upon the competitiveness and growth of the industrial sector. Consensus is that industry is the engine of growth for Egypt to prosper in the future.The Industrial Modernization Centre (IMC) is set to perform as the prime agent for substantiating the government's vision of a vibrant and globally competitive industrial sectorThe aim is to create an enabling environment in which the private sector can lead growth and make Egyptian industries leapfrog into global competitiveness.


IMC was established by Presidential Decree Number 477/2000 as an independent body to implement and coordinate the modernization of the Egyptian industry under the Industrial Modernisation Programme (IMP), jointly funded by the European Union 250 million Euros,the Government of Egypt 103 million Euros and the Egyptian private sector 73 million Euros with a total budget of 426 million Euros.

Today IMC is part of the everlasting process of continuously bringing Egyptian industry to international competitiveness with serious commitment from the Government of Egypt to continue financial support for years to come.

A Hub for Sustainable Development

 

Since its foundation, The Industrial Modernization Centre has been focusing on fostering its ties with different international organizations of similar mandate. A number of    initiatives have been launched as a result of bilateral and multilateral agreements in the different areas of sustainable industrial development.

IMC has developed the appropriate operational & financial management capabilities to run such joint projects with maximum efficiency and transparency and is currently expanding its capacity of cooperation in multiple fields with both local and international donors, development agencies, BROs, NGOs and other relevant organizations.   

 
 
 
 
 
     
 
 
 
 
 
 
 
 
 
 
 
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