Latest in Highlight
NERIC expected to attract $10bn of investments over 10 years, says Hala El-Said
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.
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 is geographically diversified, and has ingredients and advantages needed for good investment climate, says Yehia Zaki
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.
President reviewed state of SCZone activities, and the current status of contracts that are targeting investments in Egypt’s economic zones and ports.
Developing power stations in partnership with industrial developers costs EGP 4.4bn, says SCZone
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.
SCZone, SCCT sign new agreement to enhancing port’s competitiveness
We’ll benefit from AEZO as a platform for technical support, says Zaki
Zone postpones its Economic Conference to 22 March, says Zaki
Providing 4m sqm of industrial land for investment in East Port Said: Zaki
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.
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.
“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.
Mercedes will likely reach an agreement over establishing logistics zone in SCZone before March
Zaki calls on Egyptian expats to closely identify the possible opportunities in the zone
The 5th conference scheduled for 15-16 October
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.
Negotiations with DP World to develop 40 sqkm in Ain Sokhna
Chairperson of the company, Ahmed Tawfik, said that Saint-Gobain Egypt Glass has the largest flat glass production line in the Middle East and Africa. The mirror factory is the first of its kind with high technology and uses environmentally-friendly components which enhances the company’s success.
35%, hike in SCZone`s revenues in FY 2018/19
Project to offer high quality steel products that aren’t produced in Egypt now, says Han Bing
Two tunnels under Suez Canal in Ismailia, same in Port Said soon
Trade exchange between Egypt, Russia hits $7.66bn in 2018
It comes during an Iftar held by Clarkson Shipping Agency Egypt (Clarksons Platou) this week.
Berth, refining works in second basin in Sokhna Port in August
Planned factories would produce electric cables, circuit breakers
The Engineering Authority of the Armed Forces was paid EGP 1.3bn by the Suez Canal Economic Zone (SCZone) as part of the cost of establishing a seawater desalination plant in the southern area of SCZone. Mohamed Shaaban, vice president of SCZone, said that the desalination plant has a production capacity of 100,000 cubic metres per …
Plan to expand water station in region to reach capacity of 30,000 cubic metres, says SCZone’s deputy head