Madbouly: The Suez Canal Economic Zone provides promising opportunities for investors thanks to its strategic location and its infrastructure integration
Prime Minister Dr. Mustafa Madbouly emphasized that the economic zone of the Suez Canal is an important logistical gate linking East and West, and provides promising opportunities for investors thanks to its strategic location, and the integration of its infrastructure, noting the efforts of the Egyptian state to maximize the benefit of these capabilities and prepare it with an infrastructure with international specifications. This morning, with Walid Jamal Al -Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, to review a number of files that relate to the activity of the authority and the developments of work and efforts to attract investments and the position of the projects that take place in it. Logistics; In order to enhance its competitive capabilities at the regional and international levels, in addition to providing the facilities required to attract investments to the region, in a manner that ensures their economic sustainability, and remove administrative obstacles to investors. In addition to the results of the promotional efforts of the authority, including contracts for investment projects, the position of investment projects in Sokhna and other industrial areas, and some other files. Until the total actual contracts for investment projects in that period amounted to 8.301 billion dollars for 272 projects, of which 262 industrial, service and logistical projects provide 40 thousand and 209 job opportunities, and 10 investment projects in marine ports. In those companies and the presence of a large number of Asian and European countries and the countries of the Middle East invested. Building. Several areas, providing job opportunities and establishing a global investment community for fields: green fuel manufacturing, medicines and active materials and medical devices, semiconductors and information technology, home appliances and electronics, equipment and engineering machines, car industry and their components, green heavy industries, industry -related services and training centers, and logistical activities. Indeed, in attracting international companies to establish projects in the light of the industry localization plan, such as the new and renewable energy industry, electronic industries, medicines, auto and metal parts and components, and other promising areas, and reviewed the development of the construction movement for new investment projects in the industrial zone in Sokhna. Until March 2025, at an investment cost of up to 500 million US dollars, and business opportunities amounting to 21 thousand and 500 opportunities, noting that the development movement of investment projects in that region for a number of foreign companies. It depends on the economic activity resulting from the interaction of investment, training and scientific research based on high -tech industries, and the authority aims to attract projects in industrial and service activities such as: the technology industry and semi -conductors, the electronic devices industry, engineering equipment and machines, solar photovoltaic cells, vocational training centers, mining industries for silica sand and the initial materials of the industry, And others. Among the manufacturing activities and industrial gatherings such as the automotive and batteries industry, tools and engineering equipment, modern building materials, logistical activities and services, etc.. & Nbsp; The head of the General Authority for the Economic Zone of the Suez Canal confirmed that some projects have already been attracted in light of the development plan for East Port Said to localize industries such as the components of railways and green fuel. He touched on a number of projects that are being entered into force in the economic zone in light of the state’s efforts to settle the industry and achieve industrial intertwining, and also talked about the system of digital transformation, noting that the economic zone of the Suez Canal aims to be an industrial and investment platform that depends on its continuous development on the latest methods and advanced infrastructure to encourage investment in the region, explaining that cooperation has been made with the European Bank for reconstruction Development and Aguillet International, in order to automate investor services in order to simplify them and reduce service performance, to enhance transparency and governance and improve business performance indicators according to a comprehensive strategy for digital transformation that adopts modern concepts and tools, and reviewed the operational model for integration of operations and digital transformation.
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