Al-Sisi calls for faster port development, seeks expanded foreign investment in SCZONE
President Abdel Fattah Al-Sisi on Sunday urged accelerated development of Egypt’s ports and logistics infrastructure, saying the country is keen to attract more foreign investment—particularly from global partners such as Maersk—into the Suez Canal Economic Zone (SCZONE). Speaking at the
Transcargo International receives Egypt’s first customs licence as port-based distribution centre
Transcargo International (TCI), operating at Adabiya Port under the Suez Canal Economic Zone (SCZONE), has been granted Egypt’s first customs licence to operate as a port-based distribution centre — a milestone that supports the state’s strategy to position Egypt as
Al-Ahram Chemicals invests $10m to establish formaldehyde, derivatives complex in Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed today the signing of a contract between Al-Ahram Chemicals and Resins and Derivatives Company and the Main Development Company (MDC) to establish an industrial complex for the production
SCZONE secures EGP 30bn long-term CIB financing for infrastructure and port upgrades
The Suez Canal Economic Zone (SCZONE) has secured EGP 30bn in long-term banking finance from Commercial International Bank – Egypt (CIB) over 17 years. This funding will repay and restructure a previous EGP 10bn loan and provide EGP 20bn in
Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly
Egypt’s massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly said on Sunday. Speaking at the end of a tour
SCZONE attracts $65m in new Chinese textile investments in Sokhna Industrial Zone
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), has witnessed the signing of four new contracts between Elsewedy Industrial Development and four leading Chinese textile companies to establish new factories within Sokhna 360 Industrial City, developed by
Saraya Japan opens $12m factory in Suez Canal Economic Zone – Dailynewsegypt
A new $12m factory owned by Saraya Japanese Middle East for Industrial Investment has officially opened in the Sokhna Integrated Zone within the Suez Canal Economic Zone (SCZone). The inauguration ceremony, held at the Orascom Industrial Development site, was