In a meeting with Mohamed Zaki El Sewedy, Chairman of the Federation of Egyptian Industries (FEI), along with representatives from various industrial chambers, El-Din added that the SCZone’s Board of Directors approved four new projects with a total investment of $1.84 billion in January 2025.
The General Authority for the Suez Canal Economic Zone (SCZone) secured 251 projects across its industrial zones and ports over the past 30 months, with a total investment of $6.23 billion, generating approximately 28,000 job opportunities, according to a statement by Chairman of SCZone, Walid Gamal El-Din.
In a meeting with Mohamed Zaki El Sewedy, Chairman of the Federation of Egyptian Industries (FEI), along with representatives from various industrial chambers, El-Din added that the SCZone’s Board of Directors approved four new projects with a total investment of $1.84 billion in January 2025.
The meeting focused on investment opportunities, mutual cooperation, and addressing challenges faced by industrial companies with strong export potential, encouraging them to expand their operations within the Suez Canal Economic Zone.
El-Din emphasized the strategic importance of the SCZone as a gateway to Egypt’s economic future. He highlighted the Ain Sokhna Integrated Industrial Zone as a model of industrial and logistical development, positioning Egypt as a leading global manufacturing hub.
He also stressed that this collaboration marks the beginning of a stronger partnership aimed at reinforcing the Made in Egypt brand through local industrial development and innovation.
El Sewedy expressed his appreciation for the achievements of the SCZone, particularly in creating a competitive investment environment that offers investors comprehensive services, incentives, and infrastructure support.
He also noted that this meeting marks the beginning of a broader partnership between the Federation of Egyptian Industries and the SCZone, paving the way for further industrial growth and collaboration.
