Under this agreement, SCZone will grant Suez Steel a 30,000-square-meter concession area within Adabiya Port at an investment cost of $120 million.
An additional framework agreement is underway, with a projected production capacity of 1.3 million tons per year and $7.5 billion in investments.
The Prime Minister opened the session by emphasizing the state’s strategic efforts in Jarjoub, noting the establishment of a port and ongoing renewable energy projects in the region
The project involves a total investment of $8.8 million, spanning 26,000 square meters, and is set to create 1,000 direct job opportunities.
The project, with an investment exceeding $150 million, will produce photovoltaic cells with a capacity of 2 GW, alongside another production line for components with a capacity of 3 GW.
