Challenges:
The industrial zones (IZs) in Upper Egypt, particularly in the regions of Qena and Sohag, faced challenges in attracting tenants and fostering competitiveness. The Government of Egypt and the World Bank sought to determine whether upgrading infrastructure, services, and management within these zones could enhance their appeal and support the growth of existing tenants.
A comprehensive understanding of tenant needs and the broader industrial landscape was essential to inform future investments and improvements.
Solutions:
In collaboration with the Government of Egypt and the World Bank, our team conducted a demand assessment study to evaluate the potential for upgrading and expanding the IZs in Upper Egypt.
The project included:
Survey Design and Data Collection: We designed a survey, covering sampling and questionnaire development, targeting 150 existing and potential tenants. The survey focused on four critical areas: value chains, infrastructure needs, labor requirements, and IZ governance.
Data Analysis and Insights: The data collected from the survey was rigorously
analyzed to identify trends and preferences among tenants. This included examining key factors such as infrastructure quality, labor availability, and management efficiency within the IZs.
Investor Focus Groups: Focus group discussions with investors were conducted to gather qualitative insights and further explore their experiences and expectations regarding the industrial zones.
Comprehensive Report: Based on the data and feedback, a detailed report was produced, offering findings and recommendations to guide improvements in the IZs.
Impact:
The study provided the foundation for a $500 million grant from the World Bank to Egypt, which included a significant component focused on the development of industrial zones in Qena and Sohag.
The findings highlighted critical areas where improvements in infrastructure, labor management, and governance could drive increased competitiveness and growth. The study not only informed investment decisions but also provided strategic insights to support the long-term development of industrial zones in Upper Egypt, benefiting both existing tenants and potential investors.
Tailored Advisory Services
