SCZONE chief discusses strengthening maritime, logistics cooperation with Panama

Daily News Egypt
2 Min Read

Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met with Ricardo Icaza, Ambassador of Panama to Egypt, on Tuesday at the SCZONE headquarters in the New Administrative Capital. The meeting focused on deepening cooperation in maritime transport, logistics, and targeted industrial sectors.

Gamal El-Din emphasized that the discussions align with SCZONE’s ongoing efforts to expand its international partnerships and open new markets. He added that this strategic approach supports the Authority’s integration across various industries and supply chain networks. Strengthening economic and investment ties with Latin American countries, especially Panama, was highlighted as a key priority.

Further, Gamal El-Din underlined the investment opportunities within SCZONE and the region’s competitive advantages, such as its prime location, cutting-edge infrastructure, and seamless integration between ports and industrial zones. He also stressed the importance of cooperation in key sectors, particularly maritime and logistics, given their central role in positioning the SCZONE as a global trade and logistics hub.

Ambassador Ricardo Icaza reiterated Panama’s eagerness to enhance cooperation with SCZONE. He highlighted the shared significance of the Panama Canal and the Suez Canal Economic Zone as vital trade corridors, emphasizing their potential to serve as a model for global supply chain integration.

This meeting is part of SCZONE’s ongoing promotional efforts with diplomatic missions, international companies, and institutions to showcase investment opportunities and foster strategic partnerships in targeted sectors.

 

Share This Article