Egypt

Investments of SCEZ’s industrial zones hit $6 bln within 2 years: CEO SCZONE

The industrial zones at the Suez Canal Economic Zone (SCEZ) have managed, over two years, to allure investments worth nearly six billion dollars, said CEO of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal al-Din.

He added during attending a session under the theme “Exploring Egypt’s industrial and infrastructural advantages”, on the sidelines of the proceedings of the Egyptian trade mission in the UK, that the infrastructure has added a competitive advantage to the SCEZ in the sphere of green fuel production, whether by receiving its production stations or by hosting its ship bunkering services through the authority’s port.

The SCZONE has succeeded in achieving remarkable trading rates, despite the various regional and global circumstances, he further said.

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