The interview

Alaa Farouk: “The Italian agricultural sector can look to Egypt as a hub for Africa. We are ready.”

The Egyptian Minister of Agriculture explains the programme to strengthen the sector and the plans for food security. “We are identifying ways to make the best use of the assets owned by the ministry, investing them as efficiently as possible.” “With Rome, we can go beyond the debt-for-equity swap model and make even greater use of the Ro-Ro link between Damietta and Trieste.” Aquaculture and new technologies are key. “We have discussed with the EU the creation of a centre for the production and marketing of high-yield seeds.”

Il ministro egiziano dell’Agricoltura e della Bonifica fondiaria, Alaa Farouk

7' min read

Translated by AI
Versione italiana

7' min read

Translated by AI
Versione italiana

“There are still significant opportunities for Italian private companies wishing to expand their investments in the Egyptian agricultural sector, particularly in light of the government’s commitment to boosting agricultural investment and encouraging foreign companies to enter into partnerships with Egyptian entities and the private sector. This will have economic benefits for countries in the Mediterranean basin and North Africa.” This is according to Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, in an interview with 24OreNextMed, in which he also emphasises the aim of ‘strengthening intra-African trade and, at the same time, creating opportunities for European companies, including Italian ones, to access African markets’. With a long career in the financial and banking sector, Farouk served as chairman of the Agricultural Bank of Egypt from 2020 before taking up his ministerial post in July 2024. In this interview, the minister analyses the challenges facing Egypt’s agricultural sector and the investment opportunities for the Italian private sector.

Four decades in the banking sector, including senior roles at Barclays Egypt and the National Bank of Egypt. How has this career path influenced your approach to agricultural policy since becoming minister? Do you view agriculture primarily in terms of production, or as an investment system in which funding, risks and returns must be assessed?

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‘There is no doubt that the experience I gained in the banking sector has had a positive impact on my work in the agricultural sector. Since becoming Minister for Agriculture and Land Reclamation in July 2024, I have consistently sought to manage this sector with an economic, investment-oriented mindset, with the aim of achieving maximum efficiency in the use of resources. We are identifying ways to make the best use of the assets owned by the Ministry, investing them as efficiently as possible. Furthermore, we are working on implementing a digital transformation system by digitising all the Ministry’s data and information, with a view to making the decision-making process more effective. We also wish to establish clear criteria for the selection and assessment of ministry officials responsible for supporting the implementation of this system. We are constantly working to transform the production and service sectors into activities capable of generating a return on investment. At the same time, we attach great importance to scientific research and innovation in agriculture, encouraging researchers working in research centres affiliated with the Ministry, and establishing specific indicators and standards to measure performance and monitor progress towards achieving the set objectives.”

Egypt and Italia have long-standing relations, particularly in the agricultural sector, including through the Italian-Egyptian debt conversion programme. In your view, has the time come to transform this long history of public cooperation into a broader phase of Italian private investment? And what should Egypt do to move from pilot projects to investments worth millions of euros?

‘The Italia debt-for-development swap programme is a successful model for supporting development sectors – not only agriculture but other sectors as well. The Ministry has benefited from the implementation of two projects under this programme. The first concerns support for the production of high-yield, drought-resistant seeds, particularly vegetable seeds, with the aim of increasing local production and reducing the expenditure on seed imports borne each year by the Egyptian state, especially with regard to seeds. This is currently one of the political leadership’s priorities. The second is a project dedicated to aquaculture, aimed at contributing to the achievement of food security by increasing fish production in Egypt. I would like to emphasise that, given the strong historical ties between Egypt and Italia, we hope to broaden the scope of this programme and increase the number of projects supported by the Italian side. This approach would strengthen cooperation between the two countries in the agricultural sector, support sustainable development and contribute to food security not only at national level but also at regional level, whilst improving conditions for smallholder farmers.”

In the four-pillar strategy presented in April 2026, you set out the objective of building a highly productive, export-oriented and environmentally sustainable agricultural sector, capable of ensuring food security despite regional instability and climate change. In light of the instability of global food markets and major desert land reclamation projects, such as ‘Future of Egypt’, how do you envisage a modernisation strategy for the country that goes beyond simply increasing the area under cultivation and production levels?

‘These four pillars concern boosting agricultural productivity, increasing agricultural exports to support food security, tackling the effects of climate change, and expanding land reclamation and the restoration of agricultural land. This will be achieved through the development of national projects such as ‘Future of Egypt’, the New Delta, Toshka, Sharq El Owainat, as well as land reclamation projects in central and southern Egypt and the Sinai. We expect these projects to generate significant economic returns not only at national level, but also regionally, given that Egypt is one of the region’s leading exporters of agricultural produce. Figures for 2025 show that Egyptian agricultural exports reached approximately 9.5 million tonnes of agricultural produce, notably citrus fruits, potatoes, grapes and other produce, destined for over 160 countries worldwide, including the European Union, the Gulf States, Africa, the United States and Latin America. The performance of the Egyptian agricultural sector is also confirmed by export figures: in 2025, agricultural exports, including fresh and processed products, reached approximately 11.5 billion dollars. I would like to emphasise that the European Union, and Italia in particular, is one of Egypt’s main trading partners. Every year, around 25 per cent of our total agricultural exports are destined for the European Union. In the coming years, we aim to further increase agricultural exports, particularly to the European Union and Italian markets, in light of our close relations and ongoing cooperation with Italia, both through the Italian Embassy in Cairo and through specialised technical institutions, including CIHEAM Bari. We were delighted to host the annual meeting of the Board of Directors of CIHEAM Bari, the Regional Centre for Euro-Mediterranean Agricultural Studies, in Egypt. The event reflects Egypt’s regional and international role in supporting food security and strengthening cooperation between Mediterranean countries in this field. In recent years, we have witnessed numerous political and commercial meetings between Egypt and Italia, with the aim of strengthening bilateral cooperation not only in the agricultural sector, but across all other sectors as well. An investment forum between the two countries was also held, alongside meetings between the chambers of commerce and the private sector in Cairo. These meetings have led to the creation of a direct transport route for perishable agricultural and food products: the RoRo Line between the Egyptian port of Damietta and the Italian port of Trieste, which now operates regularly. There are still significant opportunities for Italian private-sector companies wishing to expand their agricultural investments in the coming years, particularly in light of the Egyptian government’s commitment to boosting investment in the sector and encouraging foreign companies to enter into partnerships with Egyptian entities and the private sector. This could have an economic impact on the countries of the Mediterranean basin and North Africa.”

Once the current programme has come to an end, what indicators should potential Italian investors use to measure the progress of Egyptian agriculture? Which indicator do you consider essential? And what is currently the main obstacle to a greater inflow of Italian private capital into Egyptian agriculture?

Promoting investment in the agricultural sector is one of the main pillars of the Agricultural Strategy 2030. It is also a priority for the State, in line with the political leadership’s directives aimed at encouraging investment across all sectors, particularly foreign investment in agriculture. The aim is to achieve food security at both the Egyptian and regional levels, whilst increasing employment opportunities. The State also attaches great importance to increasing the agricultural sector’s contribution to GDP. This reflects the State’s conviction regarding the importance of developing and investing in the agricultural sector. We measure the success of our efforts by the agricultural sector’s ability to increase its contribution to the national economy. The main challenge I see is to intensify dialogue between the business communities of the two countries, through the regular organisation of official meetings, workshops, conferences and investment forums bringing together Egyptian and Italian investors. It is also necessary to strengthen the role of the Italian-Egyptian economic and business councils, so that they can present investment opportunities in the agricultural sector, compare their respective visions and build partnerships capable of generating shared interests.”

Could Egypt become not only a market, but also a production and export hub for Italian companies looking to serve markets in the MENA region?

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‘Absolutely. Egypt faces enormous challenges, but despite this, it offers very promising opportunities thanks to its strategic geographical location, which makes it a regional hub for the countries of the Mediterranean and a prime gateway to African markets. We have discussed with the countries of the European Union the proposal to set up a centre for the production and marketing of high-yield seeds, in collaboration with specialist European companies, including Dutch ones. We are ready to welcome the participation of Italian companies in this initiative and to collaborate with the Italian side to make Egypt a base from which to launch exports and enable Italian products to access African markets, not only in the agricultural sector but also in other sectors of the economy, by making use of Egypt’s network of trade agreements. Furthermore, Egypt regards the European Union as a whole, and Italia in particular, as a strategic partner. Egypt and Italia were among the first countries to establish the RoRo Line between the Italian port of Trieste and the Egyptian port of Damietta, which enables the transport of perishable goods by lorry in around 48 hours. This helps to make Egypt a regional hub for trade, thanks in part to its significant membership of COMESA and other free trade agreements, which can, on the one hand, facilitate trade between Egypt and African countries and, on the other, offer European businesses, including Italian ones, new opportunities for access to African markets.”

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