Enabling Private Sector Growth in Menya and Assiut, Egypt
Egypt has considerable potential to become a regional trade hub. A key challenge is how to leverage this potential to achieve inclusive and sustainable growth that benefits the country’s population at large. In alignment with Egypt’s decision to ex...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/717601625141344267/Enabling-Private-Sector-Growth-in-Menya-and-Assiut-Egypt http://hdl.handle.net/10986/35988 |
| Summary: | Egypt has considerable potential to
become a regional trade hub. A key challenge is how to
leverage this potential to achieve inclusive and sustainable
growth that benefits the country’s population at large. In
alignment with Egypt’s decision to expand the Upper Egypt
Local Development Program (UELDP) from an initial focus on
Sohag and Qena to also include Menya and Assiut, this paper
focuses on identifying opportunities and barriers to
realizing inclusive and sustainable growth in these two
governorates. Menya is the fourth-lowest and Assiut the
fifth-lowest productive governorates in Egypt as measured by
gross value added per capita. There is thus a pressing need
for measures to promote inclusive growth and competitiveness
in the two governorates The paper aims to inform the
deliberations of the governorates recently established
Economic Councils, as well as the continuous sub-sector
specific public private dialogue, which forms part of UELDP.
This paper thus serves as a starting point, and forth-coming
dialogue could give rise to follow-on in-depth studies of
sub-sectors of high priority to the governorates. Indeed,
cluster competitiveness initiatives which focus on resolving
sub-sector specific constraints are a part of the UELDP. |
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