The agreement aims to issue a license to practice ship bunkering with green fuel for SCATEC in the East Port Said region, at an investment cost of about $1.1 billion
The delegation delivered a comprehensive presentation on the economic zone.
The first MOU is among the General Authority of Suez Canal Economic Zone, the Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, the Authority of New and Renewable Energy, and EDF Renewables and Zero-Waste Egypt Alliance.