ABSTRACT
Egyptian industry can be characterized by two dominant factors. First, there is the large share of government-owned enterprises, contributing 75 per cent of all industrial output and including all medium-to large-scale industry. Second, the market for this public industry is a highly regulated market (beside the much less regulated intermediate market) that is partly deprived of its self-adjusting mechanisms through state-directed price levels. Industrial policy and strategies, on the national level, are visible in the individual public enterprises, shaped to be part of the on-going process of political change and development.
