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Madbouly calls on US firms to invest in SCZone
“Main challenge for investment is bureaucracy, we recognize this, are working to solve this problem,” says Prime Minister
EGP 3.4bn revenues of SCZone form settlements with investors
International advisory offices to complete study of Ain Sokhna project, says Mamish
$11bn Chinese investments into SCZone: head of Maritime Transport Sector
Bilateral trade between China, Egypt stands at $2bn in 2018, says transport minister
Afreximbank to sign cooperation agreement with SCZone to further boost relations
Bank expects to finance factoring transactions for $76m for businesses in Egypt, five African countries in 2018, says president
EGP2.13bn profits of SCZone
64% increase in revenues of SCZone in the current FY and new projects come into force at the end of the year
SCZone receives 20 requests for investment in region
Companies are seeking to establish petrochemical, textiles, electronics plants
SCZone enjoys best investment incentives: Chinese economic counsellor
20 new members join Chinese Chamber of Commerce in Egypt this year
NOSCO plans to set up logistics centres at SCZone
Negotiations with local and foreign companies in the fields of electricity and petroleum
SCZone plans to compete with top logistics players by 2028
East Port Said Port will be fully operational within 10 years, says Darwish
CPC negotiating with SCZone to acquire 2.5m sqm in Ain Sokhna
About EGP 700m of investments to construct on 1.1m sqm in Sadat City
SCZone approves ‘Boshret Kheir’ project worth EGP 1.2bn
Implementation will be in 3 phases, says Darwish
East Port Said Development Co receives 250,000 sqm of land from SCZone in April: company director
Two foreign companies to improve soil properties in East Port Said area
SCZone: investment potential for automotive companies
Mercedes, Volkswagen among most prominent companies
SCZone receives 8 requests to invest on 4 sqkm area
The General Authority for the Suez Canal Economic Zone (SCZone) has received eight requests from local and international companies to invest on an area of 4 sqkm. Mahfouz Taha, deputy head of the SCZone Authority, said that the companies that have requested allocating the land seek to establish petrochemical industry projects, as well as projects …
Dabaa nuclear plant, SCZone: ambitions, plans ahead
Dabaa plant expected to provide over 20,000 jobs during construction period, 4,000 permanent jobs post-operation
SCZone receives 13 requests for investment on 6 sqkm
Companies seek to build petrochemical, textiles plants; feasibility study for establishment of pharmaceutical city to be reconsidered
SCZone, Russia consider launching investment project worth $7bn
A number of meetings were held between the General Authority for the Suez Canal Economic Zone (SCZone), the Egyptian Ministry of Trade, and the Russian economic delegation to implement an investment project worth $7bn in East Port Said which will provide about 35,000 jobs, said Abdel Kader Darwish, deputy head of SCZone. He added there …
Siemens train 5,500 Egyptian technicians and engineers over next four years
Completion of three power plants with 14.4MW capacity in H1 of 2018
SCZone, Singapore Port form joint committee to follow up on East Port Said Port’s operation
The construction of East Port Said Port’s berths will be completed by December
SCZone to be locomotive of development during coming 30 years: El Lamey
El Lamey says that positive results will emerge over the next few months
Power generation projects in SCZone could generate $100bn per year: El Nahrawy
It is proposed to establish trade and logistics areas east of the Suez Canal
What are the incentives of the SCZone?
The SCZone has many investment incentives. The SCZone was established as an administration body with full authority over the Suez Canal axes with regards to all projects and activities within the geographical borders of the project, stepping above the governorates where these projects are. This eliminates government bureaucracy and gives investors the flexibility needed to …
How can the economic zone of the Suez Canal lead the development?
Egypt relies heavily on the Suez Canal Economic Zone (SCZone) to drive the economic growth of the country, especially as it is an investment area of special nature, which gives it a competitive advantage compared to other areas of investment inside Egypt, as well as enjoying a geographical location, which gives it another competitive advantage, …
Al-Adabiya Port registers growth of 85% in August
Port sees increasing activity of ship movement, marine traffic, and trucks: Mahfouz Taha
Mamish embarks on tour to promote SCZone in 4 German cities
SCZone to establish a technical training centre with Siemens and discuss cooperation with Hamburg port
Egypt seeks to attract Singaporean investments, Investment Minister
The geographic location of the Suez Canal economic zone is a strong attraction element for Singaporean investors: Suez Canal Authority chairperson
Nasr and Mamish tour Vietnam and Singapore, promote SCZone projects
The new investment law includes incentives and guarantees for investors of the SCZone: Nasr
Government signs contracts with 6 companies in SCZone worth EGP 3bn
A factory will be opened in December, will cost EGP 5.5bn, and will produce 830,000 tonnes of billet, 550,000 tonnes of steel bars
SCZone targets investments worth $30bn within five years: Sahar Nasr
Grants received by the ministry are directed to projects in neediest governorates
Investment Minister, Mamish discuss implementation of promotional plan for SCZone projects
A plan in place to develop the ports of the region and develop an electronic system