Thursday 17/April/2025 – 10:43 AM
Walid Jamal Al -Din, head of the General Authority for the Economic Zone of the Suez Canal, revealed that the authority succeeded in conducting actual contracts on 272 projects with total investments worth 8.3 billion dollars, and provided about 40 thousand job opportunities.
The economy of the Suez Canal contracts 272 projects in ports and industrial areas with investments of $ 8.3 billion
He explained that this is the result of the promotional efforts of the authority during the past 33 months; Where it succeeded in attracting actual contracts from different countries of the world in its ports and industrial areas, whether this contract is directly with the authority or through an industrial developer
During his review, the features of the financial position of the authority for the current fiscal year 2024-2025 came from the first of July to the end of March 2025 during the first meeting of the Authority’s Board of Directors after its reshaping.
Jamal Al -Din added that the share of the industrial areas of these projects was 262 projects at a total investment cost of about 6.8 billion dollars, and these projects allowed more than 40 thousand.
He also affirmed the authority’s success in the actual contracting of 10 projects in its ports, with investments amounting to $ 1.51 billion.
Jamal Al -Din pointed out that it is important to take into account that about 130 projects are among these projects currently being operated, and many of these projects have already been indicated during the last period in the presence and honor of the Prime Minister, and it is expected to open most of these projects that are currently being established during the current year 2025, which represents the opening year.
