Egypt’s parliament has passed a new bill
Egypt’s green hydrogen sector hits legislative milestone
Parliament passes new law designed to incentivise developers to firm up investment commitments
Egypt’s fledgling green hydrogen industry witnessed a quietly seminal moment at the turn of the year, as the country’s parliament nodded through a package of financial and regulatory incentives for prospective producers. The House of Representatives’ on passed a seven-article bill on 2 January laying out in detail the tax and non-tax incentives to be offered to producers of green hydrogen and its derivatives. Its provisions include 33–55% tax relief on project revenues and exemptions from VAT on inputs and exports, customs duties on imports and numerous government fees. The law also enshrines a single approval process for project-related imports and exports—promising developers the chance to
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