Latest in Tag: Suez Canal Economic Zone Highlight
Latest in Tag: Suez Canal Economic Zone

New project within Suez Canal Economic Zone to produce ammonia, green fuels
Total production capacity estimated at 740,000 tonnes per year after implementation of all phases

UK ambassador visits Suez Canal Economic Zone
Ambassador praises interest Egyptian state attaches to SCZone

Al-Sisi directs for integration of Suez Canal Economic Zone industrial projects
President reviewed the most important productive activities to be established within the Suez Canal Economic Zone to localise industry

East Port Said Port revenues hike 80% in 1Q 2020
SCZone, SCCT sign new agreement to enhancing port’s competitiveness

First phase of Arish Port’s pier development is 65% completed
Berth, refining works in second basin in Sokhna Port in August

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

Suez Canal revenues to double before 2023: Mamish
$700m increase in Suez Canal’s revenues by end of 2018, says chairperson of Suez Canal Authority

SCZone enjoys best investment incentives: Chinese economic counsellor
20 new members join Chinese Chamber of Commerce in Egypt this year

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

Suez Canal Economic Zone attracts foreign investors in full swing: Mohab Mamish
The revenues of Suez Canal saw a year-on-year increase of 3.4% to reach USD 4.34 billion from January to October 2017

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

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

Siemens considers establishing training centre in SCZone, developing transport sector
Egypt is open to all investments and keen to benefit from German expertise, says Nasr

Nasr, Hutchison Ports discuss investing in maritime transport projects
Minister of Investment and International Cooperation Sahar Nasr met with officials from the Chinese company Hutchison Ports. The minister said that Egypt has promising investment opportunities in the Suez Canal Economic Zone (SCZone), where the government will put forward many projects in several industrial fields for international investors. She explained that the SCZone includes establishing seven …

Economic bodies are looking for partners to find ways of financing
SCZone authority playing the role of regular, says Gad

Launch of healthcare investment conference on 8 April
Banks, hospitals, and pharmaceutical companies are taking part in the conference to discuss opportunities of the sector

3 agreements with 26 African countries: Darwish
East Port Said water plant to be completed in the first half of April

Medical city to be established in SCZone
The Unified Purchasing Committee will begin preparations for the establishment of a medical city on an area of 4m sqm

Darwish to cooperate with USTDA in Suez Canal Economic Zone
An agreement was signed with Al Nasr Company for Intermediate Chemicals to protect the zone from floods

United Bank signs partnership protocol with Suez Canal Economic Zone
The bank will participate in financing major projects, and provide credit facilities for investors in the area, says Elkady

Port Authority of Singapore to agree on managing southern berth of East Port Said port by the end of November: SCZone chairperson
Parliament is the only one that has the right to modify the tax rate, not the cabinet nor the SCZone’s board, says SCZone chairperson

Egypt very attractive for investments, needs reform for less bureaucracy: UK trade envoy
We don’t seek negotiations with the Egyptian government regarding the FIT system, says director of UK Trade and Investment

Construction of 6 berths in East Port Said to be completed February with EGP 10bn in investments
Two container berths and a car berth are expected to be operational before the end of 2018, says SCZone chairperson

Misr Capital, Al Nour Consulting Group, Global Appraisal Tech begin Suez Canal Economic Zone land valuation
Land pricing in Ain Sokhna, East Port Said, and El-Qantarah has started

Polish consortium considering establishment of industrial area at SCZone
Polish government delegation to visit the region before the end of July, say sources

Banks claim sufficient liquidity, technical expertise to finance Suez Canal projects
SCA reveals need to establish 42 investment projects in region, with financing cost of up to $100bn until 2022

3 companies prepare studies to establish power plant, water desalination station: Head of SCZone
SCZone received thre offers from international companies to manage, operate East Port Said Port, negotiations continue with Singapore Ports Authority