Thursday 08/May/2025 – 09:33 PM
Walid Jamal Al -Din, head of the Suez Canal Economic Zone, revealed that the total investments in the economic zone amounted to about 8.3 billion dollars, and contributed to $ 1.5 billion in Egyptian exports.
The Economist of the Suez Canal
A president continued Suez Canal Economic ZoneDuring the Business Forum for the Middle East and North Africa countries in Cairo, the industrial zone was integrated with the incentives of the markets, commenting: We spent 3 billion dollars in infrastructure investments.
And Abizaid: There are 140 factories in the region under construction, and the world must look at the Suez Canal as in the heart of the world and facilitate access to all markets in light of global changes in supply chains, and we have been able to settle 100 different industries.
The infrastructure of the economic zone of the Suez Canal
Walid Jamal Al -Din, CEO of the Economic Zone, announced Suez CanalKizad in partnership with the Abu Dhabi Ports Group for the Development of the Industrial Zone about 20 million square meters in the East Port Said region of the economic zone of the Suez Canal, stressing that it is the largest industrial project in the region, and is a real translation of strong relations with the United Arab Emirates and supports sustainable development and economic integration between the two countries.
He added during the inauguration ceremony of the Kizad project, that the business environment and infrastructure and the link between ports and industrial areas were linked to attract investments with more than 8.3 billion dollars during the last 3 years, after localizing local industries and replacing imports, in addition to great efforts to develop and implement road networks.