Economic Zone
The zone will span over 700 feddans reminiscent of those of the Suez Canal and Ain Sokhna.
The job opportunities were distributed by 1,200 opportunities provided by the Chinese Shen Feng project for rolling iron in Sokhna.
Egyptian President Abdel Fattah El-Sisi ordered localizing complementary industries for the production of new and renewable energy, including green fuel, in a meeting with officials on Monday.
Head of Suez Canal Economic Zone Engineer Yehia Zaki revealed the most important incentives that the authority enjoys in order to encourage and stimulate investment within the region.
Head of Suez Canal Economic Zone Engineer Yehia Zaki revealed the most important incentives that the authority enjoys in order to encourage and stimulate investment within the region.
Hanafi said that 80% of the world trade is done by commercial shipping, adding that coronavirus had direct and indirect impact on world shipping.
The tunnels are set to facilitate the movement of trade and goods between East and West Suez Canal cities.
The meeting also tackled the latest developments of subsidy and the filtration of the lists of beneficiaries from subsidy cards.
Oreshkin added at a joint investment forum that joint cooperation should also cover other economic projects in other Arab and African countries.
Egypt’s Carbon Holdings aims to finalize funding and start building its massive Tahrir petrochemicals project by June.
Establishing the Golden Triangle Economic Zone will encourage building new urban communities, pump investments and develop Upper Egypt, experts say.
Transport Minister discussed with Mohab Mamish drawing up an overall plan to achieve integration among Egyptian ports.
EIB is to provide technical assistance to finance a feasibility study to establish a logistics center in East Port Said.
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