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Thndr Claps » Thndr Thinkers💭 » Economics » Which industries hold a bright future?

Which industries hold a bright future?

by Thndr Thinker
October 20, 2022

There are many options and future analyses, but let’s put that aside as the world is developing at a faster pace, with which many options have emerged for investment and diversification of sources of income.

1- Health Sector
The health sector in Egypt is witnessing a transformation as a result of structural reforms in the health system, an increasing number of free trade agreements, and the development of government hospitals which provides investment opportunities and resources for the private sector. In addition to that, the increasing political desire will lead to the development of the healthcare sector, as Egypt is heading towards the gradual launch of a comprehensive health insurance system.

2- The Banking and Financial Services Sector
The banking sector has achieved remarkable growth in addition to the tremendous achievements praised by international financial institutions as a result of the stability of the money market, in addition to supporting large, medium and micro enterprises. Despite the recent events in the last two years, the role of the economic reform program led by the Central Bank of Egypt has enhanced economic growth and attractive opportunities For investments in various fields, which provided job opportunities for young people.

3- The Real Estate Sector
The real estate sector will remain one of the most important and indispensable investment assets, as new projects and the continuous development of the infrastructure opens up investment opportunities. The development of cities such as Al Alamein, the new administrative capital, and the new Mansoura, has led to increased investments, especially from the Gulf countries, which casts a shadow over the positive outlook for the Egyptian market and future investment opportunities.

4- Electricity and Renewable Energy Sector
Egypt has a lot of land and sunny weather, which is an attractive and effective element for solar energy projects, and high wind speeds make it a prime location for wind-powered electricity generation projects, which are among the most important sources of renewable energy. 

5- Food Sector
Egypt is the largest country in the African continent in terms of population and occupies 14th place in the world with 105 million people. The food industry is one of the most important industries in Egypt due to population growth and growing consumption.
Food companies in Egypt carry out high-quality production and packaging at competitive and attractive prices for global markets, which contributes to supporting the national economy. The food industry sector is one of Egypt’s most important export sectors. The government has prepared an economic plan to improve food security at the production and consumption levels to meet the size of population growth.

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