10th of Ramadan Investors Association & GIZ Forge Landmark Partnership to Boost Industrial Tech with Grants up to €10 Million
The 10th of Ramadan Investors Association has formalized a strategic partnership with the German Agency for International Cooperation (GIZ) to catalyze industrial growth and international investment in Egypt. The collaboration aims to attract German firms across key sectors, including construction, food processing, metalworks, medical technology, and logistics. A centerpiece of the agreement is a robust financial support mechanism offering grants ranging from €1 million to €10 million, with co-financing schemes covering up to 80% of qualifying industrial upgrades.
The meeting, attended by key board members and industrial leaders, focused on integrating Industry 4.0 applications into Egyptian manufacturing. Beyond financial aid, the partnership emphasizes technology transfer and enhancing the competitiveness of Egyptian exports in European markets. This initiative aligns with Egypt’s broader economic strategy to position the country as a reliable hub for high-value, cross-border industrial services and to create sustainable jobs in the private sector.