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The number of FDI projects in Egypt climbed by more than 150% to 148 in 2022, with an anticipated capital investment of $107 billion, according to fDi Insights’ 2023 study on global greenfield investment trends.
This placed the nation as the greatest destination for megaprojects in terms of capital investment in the Middle East and Africa (MEA) region, with a 41% market share, and second globally after the United States.
Egypt’s FDI flows have grown due to the hosting of 19 major projects in the field of green hydrogen, which represent 97% of the country’s total incoming capital investment in 2022.
According to the research, the majority of the country’s green hydrogen initiatives were carried out in the Suez Canal Economic Zone.
