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Society 363 / 2013

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Ägypten<br />

Interview<br />

Which measures<br />

does the government<br />

take to<br />

stimulate the<br />

economy (apart<br />

from tourism)?<br />

Ever since the revolution the main<br />

drive for the economy in Egypt has been<br />

to stimulate the various sectors of the<br />

economy, most importantly the type of<br />

economic activities that directly impact<br />

on the lives of citizens in terms of job<br />

creation, because there is a need to satisfy<br />

the growing demands for employment in<br />

the country. That has been the main objective.<br />

In this regard several new investment<br />

projects have been launched recently,<br />

including a new project by Samsung to<br />

launch a new manufacturing site in the<br />

South of Egypt with a planned job creation<br />

of 3400 new jobs.<br />

Which sectors of the economy are<br />

most important?<br />

There have been several measures to<br />

stimulate the agricultural sector through<br />

various incentives that the government<br />

has applied with the regard to the diversification<br />

of produce and to enhance the<br />

production in special areas such as the<br />

cultivation of wheat for instance.<br />

In the industrial sector several projects<br />

have been initiated to enhance more investment<br />

and to maintain the level of investment<br />

and economic activity.<br />

Apart from that the service sector is<br />

an important sector in our economy, like<br />

banking, telecommunications, and software.<br />

Software is quite a big industry in<br />

Egypt. We have successfully increased our<br />

export and services in that field.<br />

What about the energy sector? Are<br />

there project in the field of renewable<br />

energy?<br />

There has been a growing expansion<br />

in different types of projects that are<br />

launched in renewable energy. Recently,<br />

there has been the launching of a project<br />

for solar energy production in Komombo<br />

in the South of Egypt. An international<br />

bid will be opened for that project. This is<br />

just one example that is being implemented<br />

and planned in the renewable energy<br />

sector to meet the growing demand of energy<br />

in Egypt.<br />

Egypt has a national plan of changing<br />

the energy mix towards more sustainability<br />

and efficiency. There is a national<br />

strategy developed to increase the share of<br />

renewable energy share in electricity generation<br />

to twenty per cent by 2020.<br />

A moment of<br />

national debate<br />

Ambassador of Egypt, H.E. Khaled Shamaa,<br />

about life after the revolution and why he is<br />

optimistic about the transition of his country<br />

into a real democracy.<br />

Interview: SOCIETY<br />

Which kind of renewable energy is<br />

most feasible in Egypt?<br />

Solar and wind. Along the Red Sea<br />

coast we have a large concentration of<br />

wind energy plants near Zafarana. There<br />

are plans to expand that in other areas in<br />

the country. We also need to think creatively.<br />

For example, just as the sun and the<br />

magnificent sea coasts attract the tourists<br />

to the Red Sea, they can be the main<br />

sources to generate the energy needed to<br />

operate the facilities at this area, in an<br />

eco-friendly approach.<br />

Are there any co-operations with Austrian<br />

companies?<br />

There is quite a good amount of cooperation<br />

with Austrian companies but we<br />

are also looking for cooperation with other<br />

companies that are interested in that<br />

area, and of course Austrian companies<br />

have a good level of expertise and there<br />

Foto: Heeresbild- und Filmstelle<br />

112 | Societ 1_<strong>2013</strong>

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