Hong Kong has been the last stop of the Suez Canal Economic Zone’s (SCZONE) delegation to China. The visit witnessed extensive meetings with major international companies operating in clean energy, digital solutions, the automotive industry, and others, as well as official entities in Hong Kong.
The delegation met with officials of the Hong Kong Investment Authority, members of the Environmental Business Council and some businessmen and companies working in the field of clean energy, especially in light of the Egyptian state’s adoption of distinctive incentives for the green economy, as well as the readiness of the economic zone with the package of benefits it offers to many sectors, in addition to its strategic location that allows it to be a regional centre for this industry with its proximity to renewable energy sources needed to produce this type of fuel, referring to the major global partnerships signed by the SCZONE in this regard, amounting to about 23 memorandums of understanding, including 9 framework agreements for the production of green fuel and supplying ships with it.
The delegation also met with representatives of Asia One Company, one of the Legan Group companies specialized in the manufacture of data centres and related digital services, where SCZONE Chairperson Walid Gamal El-Din explained that data centres are one of the most important sectors to be located within the economic zone, as the Technology Valley east of Ismailia will soon receive projects in this sector. In the same context, the delegation met with representatives of Cyberport, a leading government company in the digital technology industry in Hong Kong. International technology companies such as IBM, Microsoft and Lenovo, and the company aims to promote innovation and emerging companies to work on providing technical, financial and investment support programs.
Gamal El-Din explained that data centres are one of the most important sectors to be located within the economic zone, as the Technology Valley, east of Ismailia, will soon receive projects in this sector.
The delegation also met representatives of the Swire Limited Group, one of the most important international companies specialized in maritime transport, as it has two giant ships working in the field of installing and maintaining offshore wind farms.