# Egypt opens EGP 1 billion fund for distressed factories

> Industry Minister Khaled Hashem invited factories seeking to resume production to apply to the Distressed Factories Restructuring Fund. The fund was established jointly by the Central Bank and the ministry.

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- Publisher: Newsverum
- Section: Business
- Country: Egypt
- Published: 2026-10-06T17:11:49+00:00
- Updated: 2026-10-07T00:54:30+03:00
- Event / data period: 2026-10-02
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The ministry’s statement puts the fund’s total capital at EGP 1 billion. Factories are to register through the “Distressed Factories” service on the Manufacturers Support Platform; applications will be assessed under the fund’s rules and eligibility criteria.

The ministry described the initiative as a way to preserve existing productive capacity, help factories restart and deepen domestic manufacturing. Its statement did not give a target number of factories, payment schedule or approved applications.

## Data

### Factory restructuring fund

Program details stated in the Ministry of Industry’s application notice.

Methodology: Capital and application route are transcribed from the ministry statement. Eligibility review was announced; disbursements and beneficiary counts were not reported.

| Fact | Source-reported finding |
|---|---|
| Fund capital | EGP 1 billion |
| Establishing institutions | Central Bank of Egypt and Ministry of Industry |
| Application route | Manufacturers Support Platform, “Distressed Factories” service |
| Application status | Eligibility review; no approvals announced |

Sources: <https://sis.gov.eg/en/media-center/news/industry-minister-urges-distressed-factories-to-apply-for-restructuring-fund/> · Download data: [JSON](https://newsverum.com/api/v1/articles/egypt-opens-one-billion-egp-distressed-factories-restructuring-fund/data/data-egypt-opens-one-billion-egp-dist?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/egypt-opens-one-billion-egp-distressed-factories-restructuring-fund/data/data-egypt-opens-one-billion-egp-dist?lang=en&format=csv)

## Sources

- [Egypt State Information Service, citing the Ministry of Industry](<https://sis.gov.eg/en/media-center/news/industry-minister-urges-distressed-factories-to-apply-for-restructuring-fund/>) (Source checked: 2026-10-06; Published: 2026-10-02)

## Correction history

- 2026-10-07T00:54:30+03:00: German and Portuguese editions and translations of the data and correction explanations have been added to this article.

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