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:
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
