Latest in Tag: SCZone Highlight
Latest in Tag: SCZone
French-Egyptian Business Forum to be held in November at SCZone: Business France
France is currently Egypt’s 8th largest foreign investor, aims to be in top 3, says Director of Business France Egypt Phillipe Garcia
Egypt, South Korea discuss bilateral plans, investment opportunities for Korean companies in SCZone
During his meeting with the SCA Chairperson Osama Rabie, Hong stressed the Suez Canal’s importance and noted that foreign trade accounts for a large share in his country’s economy. He added that they rely mainly on maritime transport.
Abu Qir Fertilizers to establish methanol, ammonia complex in SCZone
Complex to produce 1 million tonnes of methanol, 400k tonnes of ammonia annually
Egypt’s Madbouly lays foundation for 1st petrochemical complex in SCZone
With investments of $7.5bn, project will provide 15,000 job opportunities for Egyptian youth
Egypt’s SCZone explores investment opportunities for Korean companies
Both sides agree to continue regular consultations to open up new prospects for bilateral cooperation
SCZone to officially operate ACI system from July
The SCZone added that all projects operating in the zone should quickly register for the system, which covers pre-registration of shipments launched by the Ministry of Finance. The system began its trial phase in April this year, provided that the system enters into mandatory operation in July 2021.
National Bank of Egypt, Banque Misr lead coalition to provide EGP 10bn finance to SCZone
Funding will be directed to development of infrastructure, facilities in industrial zones, ports of SCZone
SCZone reopens Al-Arish seaport after weather improvement
Egypt’s Meteorological Authority expects unstable weather conditions on Monday, Tuesday
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
Egypt-Asia diplomatic meeting discusses strengthening economic relations
The meeting took place in the presence of: Walid Gamal El-Din, Executive Director of the Suez Canal Economic Zone (SCZone)
TSFE, SCZone to establish Railway Industries Company
NERIC expected to attract $10bn of investments over 10 years, says Hala El-Said
SCZone runs tech apps to support economic activities at ports: Chairperson
The model comes as part of the plan to support the digital infrastructure the zone’s activities need to activate the technological applications that support its economic activities.
SCZone regulates own customs system, launches electronic services platform
The move is an attempt to improve Egypt’s business climate through completing legislative frameworks, regulations and laws, and to help create an investment climate with more transparency in work procedures. It also meets the desires of investors working in the region.
SCZone attracts $15bn investments over 5 years
SCZone is geographically diversified, and has ingredients and advantages needed for good investment climate, says Yehia Zaki
Ain Sokhna Port to open 2nd basin within few months: SCZone Chair
During the meeting, the two sides reviewed projects related to the Ain Sokhna Port’s development of its economic zone and other projects, in light of the joint cooperation between the two sides.
Egypt Al-Sisi stresses importance of localising industry at SCZone
President reviewed state of SCZone activities, and the current status of contracts that are targeting investments in Egypt’s economic zones and ports.
SCZone reports EGP 9.4bn in revenues from 6 seaports
Developing power stations in partnership with industrial developers costs EGP 4.4bn, says SCZone
Minister of Housing, SCZone chief discuss plans of development in Gulf of Suez
The minister stressed the necessity of incorporating activities between the economic zone east Gulf of Suez and New Suez city, in order to integrate local communities, and to accommodate their activities in development plans.
East Port Said Port revenues hike 80% in 1Q 2020
SCZone, SCCT sign new agreement to enhancing port’s competitiveness
SCZone joins AEZO to strengthen cooperation with African partners
We’ll benefit from AEZO as a platform for technical support, says Zaki
SCZone to ink 5 new contracts with investors, including Mercedes
Zone postpones its Economic Conference to 22 March, says Zaki
SCZone to hold international conference for investments next month
Providing 4m sqm of industrial land for investment in East Port Said: Zaki
ECHEM, Bechtel sign deal for $6.7bn refinery, petrochemicals complex in SCZone
According to the agreement, the ECHEM will conduct a detailed feasibility study for this giant project in cooperation with a global consultant. Bechtel will provide the necessary financing from banks and international financial institutions.
Delegation from Swedish embassy explores investment opportunities in SCZone
Mohamed Shaaban, vice chairperson of SC Zone received the delegation that included representatives from the Swedish Trade and Investment Council, a statement issued by the SCZone said, noting that both sides exchanged views about infrastructure development and potential projects in the Zone.
Minister of Planning, SCZone chairperson promotes investments in UK
“The UK_Africa Investment Summit 2020 will help in achieving growth rates that contribute to the implementation of the goals of the Africa Agenda 2063” El Said explained.
Cabinet mulls additional tax incentives to SCZone investors
Mercedes will likely reach an agreement over establishing logistics zone in SCZone before March
Suez Canal’s tunnels to operate soon: SCZone chairperson
Zaki calls on Egyptian expats to closely identify the possible opportunities in the zone
Egyptian expat investors visit SCZone ahead of Egypt Can conference
The 5th conference scheduled for 15-16 October
South Korean delegation visits SCZone to discuss investment opportunities
In a related context, the SCZone will open technical envelopes of bidders in a tender to establish guard towers and raise security walls surrounding El Tour Port to activate the customs zone in the port, next Wednesday.
SCZone to deliver 500,000 sqm of Russian industrial zone end-2019
Negotiations with DP World to develop 40 sqkm in Ain Sokhna