SCZone committed to fostering co-op with Chinese investors, says SCZone chairman



Tue, 23 May 2023 - 03:02 GMT


Tue, 23 May 2023 - 03:02 GMT

During the Egyptian-Chinese Investment Forum at the Egyptian embassy in Beijing, Chairman of the General Authority for SCZone, Gamal El-Din highlighted the zone’s advantageous business environment, as well as its various incentives and opportunities for local and international investors.

He also expressed SCZone's commitment to fostering cooperation with Chinese investors. The forum aims to be a platform for dialogue and collaboration between the two countries.

Representatives from SCZone traveled to Beijing to participate in the forum and showcase the investment opportunities offered by SCZone to prominent Chinese corporations and the business community in attendance.

Investing or being located within the zone will provide a favorable position for exporting Chinese products to Europe and the Middle East, Gamal El-Din stated, adding that various European manufacturers rely on Chinese goods in their operations.

The chairman also noted that the SCZone serves as a catalyst for investment growth in local and global markets, leveraging Egypt's international trade connections and expansive national road network.

SCZone is currently on its second stop for SCZone officials in Asia, part of ongoing efforts to attract diverse investments and implement the zone's 2020/2025 strategy. The strategy focuses on attracting and localizing certain industries, with the aim of establishing SCZone as a strategic hub in the global economy.






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