Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of ready-made factories in the Sokhna Industrial Zone.
The project spans 500,000 square meters, divided into two phases of 250,000 square meters each, with direct investments of approximately $100m (EGP 5bn). It is expected to generate more than $150m in additional industrial investments, while creating around 5,000 direct jobs and over 7,000 indirect opportunities.
The contract was signed by Mostafa Sheikhoune, Deputy Chairman of SCZONE for Investment and Promotion Affairs, and Khaled Rashid Said Rashid El-Hana’y, Chairperson of Alpha Smart’s Board of Directors.
Designed as a model of industrial efficiency, the complex will feature fully equipped factory units ready for operation within 90 days, supported by an integrated logistics zone with warehouses and a global distribution center. Complementary facilities will include a business hotel, international restaurants, a business club, sports amenities, and a digital administrative hub with co-working spaces.
Gamal El-Din emphasized that the success of the ready-made factory model in Sokhna has already encouraged expansions and new investments, positioning the zone as a premier industrial and logistics hub. Its strategic integration with Sokhna Port and proximity to global trade routes enhances Egypt’s efforts to localize industry, boost exports, and strengthen supply chain resilience.
The complex will target diverse sectors including engineering, light electronics, food and agro-processing, packaging, light chemicals, automotive components, household appliances, and e-commerce logistics. Implementation will be completed over six years, with the first phase delivering infrastructure, utilities with 25 MW capacity, and half of the industrial units by year two. The second phase will expand logistics and services, ensuring full operational readiness.
Flexible contracting options, ranging from long- and short-term leasing to financing and commission-based management, will further support investor participation and industrial diversification.
