Suez Canal Economic Zone
Furthermore, the Board of Directors approved the project to establish a multi-purpose terminal for the Sky Investment - Reliance Logistics consortium, in East Port Said Port, provided that the authority will start taking the necessary measures towards this contract.
Zaki said that the economic zone aims to enhance cooperation with some companies that are members of the Federation of Indian Chambers and to study investment opportunities in the textiles, chemicals, programming, information technology and operating systems sectors, as well as the industries of auto engine parts, devices and medical supplies.
The agreement aims for joint cooperation between the two regions and the exchange of information to provide an opportunity to attract investors from different regions to emphasize their international status.
Sisi urged focusing on investments that also create job opportunities, the Presidency said.
During a meeting with SCZone chairman Yehia Zaki on Tuesday, Berger praised the zone's capabilities as well as its development projects.
The investment cost of new projects contracted by industrial developers to be carried out in the Ain Sokhna Industrial Zone in 2020 hit dlrs 1.077 billion, the Suez Canal Economic Zone (SCZone) announced.
Egypt’s transportation Minister Kamel el Wazir held talks, Tuesday with Hungary’s ambassador in Cairo on promoting cooperation in the various transportation fields.
In a statement on Thursday, the SCZone said the visit tackled the technical support presented to improve the level of services.
A bright future awaits Sinai after five tunnels below Suez Canal have been built to connect mainland Egypt to the peninsula and the Suez Canal Economic Zone. A network of tunnels and bridges will make the movement of people and goods easier than ever, att
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.
Zaki said the Egyptian state works to achieve this goal through providing a favorable atmosphere for investments, removing obstacles and facilitating free flow of information necessary for projects.
The Suez Canal Authority denied signing a contract with the Ministry of Finance to pay all its debts.
Egypt and Korea discussed several fields of cooperation and promoted the huge projects and available investment opportunities in Egypt
The Suez Canal achieved on Wednesday its second highest record as 72 ships passed through the canal carrying around 5 million tons of loads.
President Abdel Fattah El Sisi issued decree No. 604/2018 to appoint two deputies to the head of the General Authority For Suez Canal Economic Zone (SCZone) for one year.
The SCA achieves a new score in the transit of ships getting unprecedented revenue.
The project is aimed at manufacturing high quality products and creating more job opportunities.
The protocol was signed by Chairman of the Suez Canal Authority and the Suez Canal Economic Zone, Mamesh, and Vice Chairman and CEO of Agility, Tarik Sultan.
Ambassador Kamel visited the Toyota Takaoka Assembly Plant, also known as Takaoka Plant, in Toyota City that produces 1,200 vehicles of various Toyota models per day.
The Internal Trade Development Authority will be responsible for promoting the project and communicating with the best companies specialized in management of assets.