SCZONE has signed 251 projects totaling $6.23 billion, creating roughly 28,000 jobs. A recent meeting with industry leaders aimed to discuss further investment opportunities and cooperation. SCZONE’s commitment to diversifying Egypt’s production base remains strong, highlighted by ongoing development initiatives.
On Monday, Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), convened with Mohamed Zaki El Sewedy of the Federation of Egyptian Industries and representatives from key industrial chambers at SCZONE’s headquarters. This meeting continued discussions from the Annual International Industry Conference on November 25, 2024, focusing on investment opportunities, collaborations, and challenges faced by export-oriented firms in SCZONE.
SCZONE has been instrumental in promoting industrial development in Egypt by attracting foreign investments. Established with the aim of diversifying Egypt’s economy, SCZONE encompasses various industrial sectors. The recent meeting underscores ongoing efforts to enhance collaboration between SCZONE and industry stakeholders, with a particular focus on expanding exports and creating jobs.
The recent meeting at SCZONE reaffirms its commitment to enhancing Egypt’s industrial landscape through significant investments and job creation. With 251 projects worth $6.23 billion established recently, the SCZONE continues to attract global investment while working closely with local industry partners to overcome challenges and promote mutual growth.
Original Source: www.dailynewsegypt.com
