The Prime Minister Mostafa Madbouly reviewed ongoing efforts to attract new investments to the Golden Triangle Economic Zone during a meeting at the government headquarters in the New  Capital, focusing on unlocking the area’s mineral and energy potential.

The Golden Triangle hosts around 95 mineral deposits, accounting for approximately 7.6% of Egypt’s total mineral resources, according to Chairman of the General Authority for Mineral Resources and Mining Industries (MRMIA) Yasser Ramadan.

The meeting included Minister of Petroleum and Mineral Resources Karim Badawi and Chairman of the GTEZ, Mohamed Abady.

Madbouly stressed the importance of continued coordination among state entities to maximize returns from the zone’s natural resources. He instructed officials from the Ministry of Petroleum and Mineral Resources (MoPMR) and the GTEZ authority to work closely together to identify, develop, and promote promising investment opportunities, particularly in the petroleum and mining sectors, to local and international investors.

For his part, Badawi said full coordination will be established between the ministry and the GTEZ, adding that a comprehensive inventory of viable investment opportunities in oil, natural gas, and mining will be prepared to facilitate their marketing to investors and business leaders.

Meanwhile, Abady outlined proposed projects submitted by investors and international companies, noting that several aim to enhance the value-added processing of phosphate ore and other mineral resources in the region.

The GTEZ is one of Egypt’s flagship regional development projects, designed to transform a resource-rich area into a major hub for mining, industry, and logistics. It is located in Egypt’s Eastern Desert in the Upper Egypt region, forming a triangular area between three main points: Qena (the western tip of the triangle), Safaga (northern base), and Quseir (southern base).