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Egypt's Cabinet greenlights Gabal El-Zeit wind project to expand private sector ownership
Yomna Yasser Published in Amwal Al Ghad on 10 - 12 - 2025

Egypt's Cabinet, chaired by Prime Minister Moustafa Madbouly, approved on Wednesday the continuation of the tender process for 580-megawatt wind power plants in the Gabal El-Zeit area, part of the government's ongoing public offerings programme.
The move signals Cairo's commitment to expanding private sector participation, optimising state assets, and enhancing transparency and corporate governance. The plants fall under the New and Renewable Energy Authority (NREA).
The broader programme includes stake sales in major companies across energy, logistics, industrial, and telecommunications sectors, and forms part of Egypt's wider economic and structural reform agenda, aimed at boosting growth, job creation, and foreign investment inflows.
The initiative is designed to improve efficiency of state-owned assets while maximising their economic value and broadening ownership, the Cabinet spokesperson Mohamed El-Homsan said, highlighting the government's strategy to attract both local and international investors.
Attribution: Amwal Al Ghad English

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