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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

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

15 contracts ratified for investing in the SCZone: worth nearly EGP 1bn
Companies include Siemens, Mediterranean Fertilizers Company and El Mahaba for Packaging and Packing Materials

Mamish starts his first official day as SCZone chairperson
Dismissing the former chairperson of the SCZone happened with a lack of transparency, says Aliaa El-Mahdy

ARDIC negotiates with SCZone to develop 2,000 acres
EGP 1.7bn is the volume of contracts of ARDIC’s projects, says managing director

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

SCZone agreed with pharmaceutical companies on investing in Medical City
We started preparing a general plan of the city in cooperation with a Spanish development company which is scheduled to be completed in June, says Abdul Shafi

SCZone negotiates with pharmaceutical companies to invest in Medical City
Authority managed to attract first American pharmaceutical company to invest $624m, says Darwish

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 is to present SCZone development plans during “Builders of Egypt” forum
Forum kicks off on 14 March, with the participation of 1,000 business leaders

General Authority for Suez Canal Economic Zone negotiates with foreign, domestic companies to establish 10 new projects
We reached advanced stages for inaugurating ceramics and iron factories on an area of 1m sqm: Darwish

SCZone negotiates with Toyota TTC-NYK- Bolloré group to establish platform for large vehicles
The General Authority for the Suez Canal Economic Zone (SCZone) has revealed that it began negotiations with the Singaporean ports authority in order to establish a platform for container ships. Negotiations are also ongoing with Toyota TTC-NYK-Bolloré group to establish a platform for large vehicles. According to the press release by the SCZone authority, it …

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

UK investments in SCZone and the labour qualification challenges
The UK is an ideal partner for the Suez Canal Economic Zone, says UK trade envoy to Egypt

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

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

French companies request general outline of SCZone for studies of new projects
Projects include energy, logistics, IT and infrastructure, says SCZone spokesperson

Ask-Capital signs contract for development of 6 sqkm in SCZone
$3.bn to set up factories for cars, construction materials, food products

Group of Arab companies asks to establish industrial city in northwest Gulf of Suez with $3bn investments
Alliance formed of a group of Arab companies including Saudi, UAE, and Lebanese companies, which decided to submit a request to General Authority for the Suez Canal Economic Zone (SCZone) to develop an area of 5m sqm in the northwest Gulf of Suez and establish a large industrial city on it