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 the engine of growth for Egypt to prosper in the future. The Industrial Modernisation Centre (IMC) is intended to perform as the prime agent for substantiating the government’s vision of a vibrant and globally competitive industrial sector. The 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 a presidential decree number 477/2000 as an independent body to implement and coordinate the modernisation of the Egyptian Industry. Jointly funded by the European Union (250 million), the Government of Egypt (103 million) and the Egyptian Private Sector (73 million) with a total budget of 426 million. Today IMC is part of the everlasting process of continuously bringing the Egyptian industry to international competitiveness.