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399686

Agricultural Investment Indicators in Light of Egypt's agricultural Development Strategy 2030

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agricultural Economic

Abstract

Agricultural investment is one of the pillars of developing the agricultural sector in Egypt. The research problem represented the decline in the percentage of the agricultural sector's contribution to the national product and the decline in its contribution to absorbing labor because of the decrease in the rate of agricultural investment's contribution to national investment from about 6.9% in (2005/2006) to about 3.6% in (2022/2023). The research aims to answer the following question: Did agricultural investment in Egypt during the period (2005-2022) achieve its role in developing the national economy considering Egypt's agricultural development strategy 2030? The research found a decline in the percentage of the value of agricultural output to the value of the gross domestic product, the value of agricultural investment, and agricultural exports during the study period, which does not achieve the short-term goals and urgent priorities of the Egyptian economy according to Egypt's agricultural development strategy 2030. The efficiency of agricultural investment is also evident due to the decline in the value of investments needed to increase the domestic product by one unit and the increase in the unit values ​​generated from the domestic product from investment spending. The decline in the value of investments provided in the agricultural sector is also evident. The capital needed to operate an individual in the agricultural industry during the average period is About 2743.86 pounds. The research recommends, to enhance the role of the agricultural sector in the Egyptian economy, increasing investments directed to the agricultural sector and encouraging agricultural investment by reducing interest rates and taxes.

DOI

10.21608/ajas.2024.309859.1385

Keywords

Agricultural investment, Efficiency Indicators, Egypt’s agricultural development strategy 2030

Authors

First Name

Norhan

Last Name

Hussein

MiddleName

Y. A.

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Assiut University, Assiut, Egypt

Email

norayehia27@gmail.com

City

Assiut,

Orcid

-

Volume

55

Article Issue

4

Related Issue

51071

Issue Date

2024-10-01

Receive Date

2024-08-06

Publish Date

2024-10-29

Page Start

305

Page End

319

Print ISSN

1110-0486

Online ISSN

2356-9840

Link

https://ajas.journals.ekb.eg/article_399686.html

Detail API

https://ajas.journals.ekb.eg/service?article_code=399686

Order

399,686

Type

Research papers

Type Code

298

Publication Type

Journal

Publication Title

Assiut Journal of Agricultural Sciences

Publication Link

https://ajas.journals.ekb.eg/

MainTitle

Agricultural Investment Indicators in Light of Egypt's agricultural Development Strategy 2030

Details

Type

Article

Created At

30 Dec 2024