Egypt has approved financing arrangements worth 48.5 billion Egyptian pounds, equivalent to about $963 million, to establish 11 new non-profit public universities over the next three years. The initiative is part of the government’s wider effort to expand access to higher education and improve the quality of academic programs across the country.
The decision follows a cooperation protocol signed by the Ministries of Finance, Higher Education and Scientific Research, and Planning and Economic Development. The government said the initiative will help streamline public financing mechanisms and reduce overlapping funding structures among state institutions.
Finance Minister Ahmed Kouchouk reaffirmed that education remains a strategic priority for Egypt. He said government spending on education will continue to focus on building the capabilities and skills of Egyptian citizens as part of a broader national development vision.
The new universities are expected to support the development of national and technological education institutions that meet international standards. They will offer modern academic programs at costs lower than those charged by private and international universities, making quality higher education more accessible to students.
Egypt’s student population is expected to rise from 3.4 million to 5.6 million by 2032, creating strong demand for expanded higher education capacity. The government estimates that the country will need 83 new universities by 2032 in addition to the 45 institutions currently operating.
Authorities expect the university expansion plan to better align higher education with labor market needs in Egypt and abroad. By investing in skills, technology-focused learning, and human capital development, the program is expected to support economic growth and prepare students for future employment opportunities.
