CAIRO – 23 April 2026: Prime Minister Mostafa Madbouly launched a wide-ranging visit to the Integrated Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZone), to open a series of new industrial developments.
The projects comprise nine facilities with combined investments of $182.5 million, covering a range of strategic manufacturing sectors, including engineering and metal industries, pharmaceutical production, textiles, glass manufacturing, in addition to chemicals and polyurethane, packaging, and recycling industries.
Madbouly stressed that the government is stepping up efforts to strengthen local manufacturing and deepen industrial localization in cooperation with the private sector, which he described as a cornerstone of economic growth.
He noted that authorities are prioritizing policies to stimulate local investment while drawing additional foreign and Arab capital into the industrial sector, in line with Egypt’s ambition to become a regional manufacturing hub.
He further explained that recent government measures are focused on building a more competitive and investor-friendly business climate, encouraging the establishment of new production facilities across the country’s industrial zones, with particular emphasis on the Suez Canal Economic Zone.
According to Madbouly, the rapid growth in industrial activity within the SCZone signals rising confidence among domestic and international investors in Egypt’s economic outlook, and reflects the government’s progress in creating a fully integrated ecosystem linking manufacturing, trade, and logistics services within the zone.
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