INDUSTRIAL MODERNISATION CENTRE Partner for Competitive Industry Egypt Industrial Development Strategy Focus Export lead growth and FDI attraction Increasing industrial productivity through a carefully-designed set of policies and programs Gradual shift to medium- and high-tech industries. The Strategic Vision Egypt will be: A main export hub in the region A leading industrialized nation in the MENA region A Medium-technology manufacturer Strategic Targets May 2005 The Strategy’s sectoral objective is to upgrade into medium-tech industries Existing Sectors Target Niches Engineering Food Processing Chemicals & Pharmaceuticals Textiles & Garments Building Materials Furniture Paper & Paperboard Leather Engineering Machinery & Equipments Labor-intensive Consumer Electronics Automotive Components Renewable Energy Life sciences & Biotechnology Ethnic products Basic Requirements Improving quality and penetrating export markets Mutually Inclusive Basic Requirements Intensive investment in skills and technology Industrial Modernization Centre (IMC) Initial Budget 426 M Euros (GOE, EU and the Egyptian Private Sector Additional GOE contribution includes: 1. LE 500 M/Year Training 2. LE 300 M/Year Export Promotion 3. LE 50 M R&D Industrial Modernization Centre (IMC) The Vision: To be the leading Egyptian Development Agency for Industry contributing to Competitiveness, Economic growth, Export growth and Employment. Egypt’s Industrial Base # Employees IMC More than 200 Beneficiaries Total # Enterprises 1315 50 - 199 2718 10 - 49 8302 More than 10 12355 Potential IMC beneficiaries nearly 12300 enterprises by the end of 2008 Target Companies Export 60% of Egyptian Exports High growth & employment generation potential Internationaly Competitive Potential International Competitiveness Local Competitiveness Exporting or have the potential High local market competitiveness Supplier to group 1 Industrial Clusters New labour intensive factories Small companies with high export potential Services Related to industry companies National suppliers for exporting companies IMC Comprehensive Sector Development Strategies www.imc-egypt.org Institutional Capacity Building 10500 Companies 45000 Services Kaizen Centre EEPC Technology Centres Providing Services to Different Industrial Sectors Plan Objectives Increase exports by 25% over last year Contribute to generation of 100 thousands employment opportunities in the companies that deal with IMC Through •Increasing the competitiveness of exporting companies •Increasing the number of exporting companies IMC Sectors Served Agribusiness Building materials Chemical Industries Cinema Industry Engineering Food processing IT Leather & Tanning Medical Pharmaceutical Printing &Packaging Shipping &Logistics Services to Industry Textiles & Apparel Trading Export & Recruitment Companies Wood & Furniture IMC Sectoral Development Strategic Studies 32 Studies completed & 40 in the pipeline Agro Automotive Ceramics & Sanitary ware Food Processing Packaging Leather Textiles Marble and Granite Pharmaceuticals Printing Renewable Energy White Goods IMC Enterprise Development Programme 1. Management 2. Marketing/Public Relations 3. Export Promotion 4. Human Resources 5. Facilitating Access to Finance 6. Production Related Services 7. Quality Certification 8. IT&MIS Capacity Building Programmes 1. Export Support 2. Information Technology Implementation 3. Financial Services and factoring 4. Employment Services 5. Corporate Social Responsibility 6. Environmental Compliance 7. Energy Effectiveness Special Programmes 1. National Supplier Development Programme (NSDP) 2. Research & Development Programme (R&D) 3. 3. In Company Experts 4. New Factories Support Programme IMC Offers Services Up to € 500,000 per Company exclusive of training, R&D services & In Company Expert /s Up to € 500,000 per Company for R&D services Up to € 200,000 per Company for In Company Expert /s Unlimited Vocational & Skills training for new and existing employees 1. 2. 3. Tenders Framework Direct Reimbursement Through Areas for Cooperation Sectors for Investment Auto Components Biotechnology Machine Manufacturing Ethnic Products Food Processing Furniture and Woodworks Glass Leather Marble and Granite Renewable Energy Telecommunications & IT Textiles Sectors for Technology Development Marble and Granite Wood and Furniture Plastic Leather Through the existing Technology Centers Technology Transfer Opportunities 1000 experts needed every year to satisfy the needs of the Egyptian industry & bridge the technology gap in different areas (e.g. industrial designs) Experts will work as master trainers Experts will contribute to the upgrade of the industry & change the mindset Opportunities in the R&D for Industry Experts are needed in the following: Automotive Industry Building Materials Furniture and Woodwork Household Appliances Leather Movie Production Precision and Quality Assurance equipment Textile INDUSTRIAL MODERNISATION CENTRE Thank You Together We Can Make it Happen
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