Business Monthly

The Journal of the American Chamber of Commerce in Egypt

The Journal of the American Chamber of Commerce in Egypt

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Structural Reforms in Egyptian State Owned Enterprises (SOEs)

November 9, 2021

 

During AmCham Egypt’s monthly luncheon on Nov. 9, the Minister of the Public Business Sector, Hisham Tawfik, talked about the formidable task of turning around money-losing subsidiaries operating under eight state-owned holding companies.

His plan focused on regulatory and administrative reforms to cut costs, settle debts, finance the changes, and secure partnerships with the private sector.

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