SCZone
The Suez Canal Economic Zone (SCZONE) currently encompasses a total of 262 industrial, service, and logistics projects, which have collectively generated approximately 40,200 job opportunities. In addition, the zone includes 10 major investment projects within its seaports.
This pioneering initiative will contribute to economic growth, job creation, and a thriving investment climate that will attract more Foreign Direct Investment (FDI) to Egypt
Spanning 83,000 square meters over two phases, the project is expected to generate 1,200 direct job opportunities and is scheduled to begin operations in September.
The projects, set to be developed in the Qantara West Industrial Zone, focus on textile manufacturing, printing, and dyeing, with a combined investment of $28 million.
With a total investment of $3.3 million, the project will span 9,800 square meters and focus on assembling equipment for poultry farming and production. It is expected to generate 100 direct job opportunities.
This factory marks the first industrial project in Wadi Al-Technologia and is part of a broader industrial expansion strategy in Sinai.
Spanning 110,000 square meters, the project is designed to produce 2.5 million units annually. The first phase, set to begin with an initial investment of $38 million, is part of a broader $100 million investment plan.
The project, led by Chinese Elite Solar Company, will feature a production line covering 78,000 square meters, with an investment exceeding $150 million.
The second deal was secured with the Chinese company Kelida, a leading player in fabrics and home textiles with over three decades of expertise.
Six projects, with a combined investment of $271 million across 614,000 square meters, have already been signed, generating over 12,000 jobs. The remaining three projects are still under negotiation.
El-Din underlined that the facility's production of flat and photovoltaic glass, which is used in solar panel manufacturing, will support the growth of renewable energy industries.
This ambitious project, with investments totaling LE 12.87 billion, aims to establish, market, and manage an integrated industrial complex in the Sokhna Industrial Zone.
This venture, a partnership with Turkey’s Eroglu Holding, will cover 84,200 square meters and is expected to create approximately 5,000 jobs upon completion.
The Suez Canal Economic Zone (SCZone) has signed a cooperation protocol with the Egyptian Commercial Representation Authority, aiming to strengthen collaboration and attract foreign direct investment to Egypt.
The project, set to occupy 12,000 square meters, is backed by an initial investment of $20 million and will create 500 job opportunities.
SCZone Chairman Walid Gamal El-Din revealed these plans in a recent interview, emphasizing that the expansion of infrastructure is key to supporting the increasing number of projects and companies within the zone
Covering 5,000 square meters, this new project represents an initial investment of EGP 100 million and is expected to create around 45 jobs.
The meeting focused on strengthening cooperation and introducing the Chinese delegation to the diverse investment opportunities in SCZone, spanning 21 sectors ranging from industrial to logistical, with the aim of drawing more companies from Jiangsu Province to invest in the zone.
Minister of Foreign Affairs Badr Abdelatty met Monday with his Russian counterpart Sergey Lavrov in Moscow.
According to an official statement, SCZone's ports handled a total trading volume of 36 million tons during FY2023/2024
