Tahoun Law firm : Egypt’s Goal to Raise Green Investments to 50% Worth $14.7 Billion by 2025

Dr. Nermeen Tahoun, economic expert and founding partner of Tahoun Legal Consulting, stated during her participation in the Arab Sustainability Expo, held under the auspices of the Arab League, that the Egyptian government intends to increase the proportion of public investments dedicated to green projects to 50% of the total public investments in the fiscal year 2024/2025, compared to 15% in 2020/2021, with a total estimated value of approximately $14.7 billion.
Dr. Tahoun added that Egypt plans to increase this percentage to 75% by 2030, applying an Environmental Sustainability Standards Guide across all general budget projects. She emphasized that these figures reflect Egypt’s firm commitment to transitioning towards a green economy that enhances its position as a regional hub for clean energy and attracts more international investments.
She highlighted that green investments cover multiple sectors, including renewable energy relying on clean sources such as solar and wind, sustainable transportation through expanding the metro network and the high-speed electric train, as well as the monorail projects in the New Administrative Capital and 6th of October City. Additionally, projects for water resource management, seawater desalination, irrigation system upgrades, and development of solid waste management systems are included.
Dr. Tahoun also pointed out the prominent foreign direct investments in the green hydrogen sector, which have reached around $215.5 billion across 33 projects. The most notable is the Ras Shuqair project, costing $7.7 billion, implemented in partnership between the Red Sea Ports Authority, the New and Renewable Energy Authority, and several companies. This project aims to produce one million tons annually of green ammonia over three phases starting in 2029. Private sector investments in renewable energy projects stand at about $4.4 billion, alongside intentions to attract $12 billion in Indian investments in green hydrogen and renewable energy projects.
During a session titled “Sustainability Laws: Building the Future Through Legislation,” Dr. Tahoun emphasized the importance of integrating sustainability principles into legislation and public policies. She noted that every new law must undergo environmental and social impact assessments, and that both governmental bodies and the private sector must be mandated to follow sustainability standards, particularly in major projects, to preserve natural resources and ensure their sustainability.
Tahoun continued, stressing the necessity of enacting binding laws to regulate the use of natural resources such as energy, water, and land, imposing strict penalties on pollution and resource waste, while incentivizing companies to adopt environmentally friendly practices through tax exemptions and facilitation for sustainable projects. She also highlighted the importance of requiring companies to publish annual reports on their environmental practices, monitored and evaluated by an independent regulatory authority.
Dr. Nermeen Tahoun concluded by emphasizing that sound legislation is not only a tool for environmental protection but also a key to attracting local and international investments. She explained that compliance with environmental laws enhances investor confidence and positions Egypt as a regional clean energy hub, thereby supporting sustainable economic growth.