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Chairman Message

The primary aim of the Council is to support the engineering exporters to increase their exports and comply with the government's export strategy for the Engineering sector in Egypt to meet the target that has been set by the government. A new mechanism is going to be applied starting July 2010 for exporters to receive export incentives from the Export Development Fund (EDF).  Export incentives will be calculated based on the Value Added and not on export value as a total (old mechanism). Therefore, we would like all our members to start calculating their value added to be able to continue to receive their incentives.

 
Export Performance Monitor

Exports of Engineering products in 2006 almost doubled to exceed our target and reach EGP 8.4 billion in comparison to EGP 4.7 Billion in year 2005. In 2007 engineering exports have witnessed another 26% rise to reach EGP 10.6 billion with another 24% increase in 2008 reaching EGP 13 Billion. Exports of 2009 have reached EGP10.2 Billion. Libya jumped from the 5th in 2008 to the 1st Country for export Destinations in 2009, followed by Saudi Arabia . Other markets like Iraq and Turkey have gained 8th and 13h places respectively.

Export Performance Monitor 2007-2009 

Export Performance Monitor June 2010 

 

 EEC-EG Website Manual 2010 Exclusive For Members
 

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Do you think the Engineering Sector is capable of achieving 37.6 Billion EGP by year 2013 as part of the new strategy set by the government and IMC?


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