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SCZone successfully attracts 128 projects worth US$6 billion within two years

The Suez Canal Economic Zone (SCZone) in two years has successfully attracted 128 projects worth six billion dollars, of which Chinese investments represent 40 percent. The Chairman of the General Authority of the  SCZone Walid Gamal-Eddin said that it was the fruitful cooperation with industrial developer TEDA-Egypt that served as the starting point that built …

The post SCZone successfully attracts 128 projects worth US$6 billion within two years appeared first on Egypt Independent.

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SCZONE marks €175 million milestone with groundbreaking of new glass factory, solar power plant

Saint-Gobain breaks ground on its third glass factory in Egypt’s Sokhna zone, investing €175 million on a 200,000 sqm facility in the presence of Waleid Gamal al-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), Eric Chevallier, French Ambassador to Cairo, and Hadi Nassif, CEO of Saint-Gobain for the East Mediterranean …

The post SCZONE marks €175 million milestone with groundbreaking of new glass factory, solar power plant appeared first on Egypt Independent.

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SCZone chief: Gov’t interested in car manufacturing, not just assembly

The government has launched a strategy for the automotive industry in East Port Said Industrial Zone, Chairman of the General Authority for the General Authority of the Suez Canal Economic Zone (SCZone) Walid Gamal Eddin said Saturday. The authority chief was speaking during a dialogue session held by the French Chamber of Commerce and Industry …

The post SCZone chief: Gov’t interested in car manufacturing, not just assembly appeared first on Egypt Independent.

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