SCZone
The official also indicated that number of industrial establishments currently operating there.
Zakaria underlined that some of the industrial zones Egypt is establishing near seaports are aimed at localizing certain industries.
Zaki added that there are some developments regarding the Russian industrial zone agreement, as there are some amendments to the agreement.
President Abdel Fatah al-Sisi arrived to the Suez Canal Axis Tuesday.
Sisi urged focusing on investments that also create job opportunities, the Presidency said.
Al-Arabi clarified in a statement that the factories will be devoted to the production of Japanese sterilization supplies and cosmetics in Egypt, according to Japanese specifications, and about 1,500 job opportunities will be created.
During a meeting with SCZone chairman Yehia Zaki on Tuesday, Berger praised the zone's capabilities as well as its development projects.
The SCZone spokesman Ali el Ghamrawy said they also discussed setting certain frameworks to specify the terms of reference, roles and commitments of every side during the implementation of the cooperation protocol.
In a press release, he added that the authority’s plan also aims at providing more incentives to investors in order to attract them from all over the world.
The two sides reviewed the recent developments of cooperation and projects for upgrading the economic zone, said Zaki in a statement issued by SCZone.
In August 2019, Zaki was appointed as the SCZone head to succeed former chairman Mohab Mamish.
In a statement on Thursday, the SCZone said the visit tackled the technical support presented to improve the level of services.
The products of the project, which has an estimated investment cost of 2.6 billion dollars, will be dedicated to exports.
Assar hailed the outstanding success of the SCZone in implementing projects and luring more investments that intent to supporting the state's national economy.
Zakaria briefed the delegation on the industrial sectors of the economic zones, according to a statement issued by the SCZone.
According to the ministry, this agreement aims to execute a refining and petrochemical complex in the Suez Canal Economic Zone (SCZone).
SCzone delegation will present investment opportunities in a meeting with British Chambers of Commerce.
“Walid Gamal El-Din has been appointed as an executive investment expert for more than 22 years of experience in this field, in addition to having a proven record in the field of banking investment, money management and real estate development”
The port witnessed 70 million cubic meters of dredging work, at a cost of more than LE 6 billion, paid by the Suez Canal Authority.
Eleven financial and technical agreements were signed on Saturday.
Most Read
