Egypt is ramping up its commitment to environmental sustainability with a bold new investment target: allocating 50% of its public investments—estimated at $14.7 billion—toward green projects in the fiscal year 2024/2025, according to Dr. Nermine Tahoun, Founder & Managing Partner of Tahoun& Associates.
Speaking at the Arab Sustainability Expo, held under the auspices of the Arab League, Tahoun outlined the Egyptian government’s roadmap for transitioning to a green economy. The plan includes a significant expansion in the share of green investments in the national budget, with an ambitious goal of reaching 75% by 2030, in line with the country’s Environmental Sustainability Standards Guide.
“This is part of Egypt’s broader strategy to position itself as a regional hub for clean energy and sustainable development,” Tahoun said, adding that “Egypt is not just adapting to global climate standards—it is actively shaping the region’s green future”.
A Multi-Sector Push Toward Sustainability
The green investment portfolio spans several strategic sectors:
- Renewable energy projects powered by solar and wind sources.
- Sustainable transportation, including monorail systems under construction in the New Administrative Capital and 6th of October City.
- Water management initiatives, such as seawater desalination and modernized irrigation systems.
- Solid waste management and environmental infrastructure projects.
Major Foreign Green Hydrogen Investments
One of the most significant developments has been the surge in foreign direct investment (FDI) in Egypt’s emerging green hydrogen sector. According to Tahoun, the country has attracted nearly $215.5 billion in FDI across 33 green hydrogen projects.
Among them is the Ras Shuqair green ammonia plant, a $7.7 billion megaproject developed in collaboration with the Red Sea Ports Authority, the New and Renewable Energy Authority (NREA), and international partners. The facility is slated to begin operations in 2029, with a projected annual production capacity of one million tons of green ammonia, implemented in three phases.
Growing Private Sector and International Interest
Beyond public spending, Egypt is also seeing a surge in private sector investments in the renewable energy space, which currently amount to approximately $4.4 billion. Future plans include attracting an additional $12 billion in green hydrogen and renewable energy investments from Indian partners.
This push toward sustainability aligns with Egypt’s goals under its Vision 2030 strategy and its leadership role in the region’s clean energy transformation. It also reflects the country’s response to global climate finance directions, which are increasingly favoring low-carbon, high-efficiency projects.
