- June 21, 2022
- Posted by: Super Admin
- Category: 2022, EN
Within the framework of the efforts made by Suez Canal Economic Zone (SCZONE) to become one of the most important hubs of clean energy production, fuel export, and ships bunkering, which contributes in decarbonization, Eng. Yehia Zaki, Chairman of SCZONE, met with officials of a Belgium company working in the field of manufacturing electrolyzers, As the electrolyzers are necessary for converting renewable energy from solar and wind energy to green fuel.
Eng. Yehia Zaki also met with representatives from MEGA agency affiliated to the World Bank, which is specialized in providing guarantees and financial support for mega projects. MEGA has shown great interest in supporting green hydrogen production projects which will be established in SCZONE.
On the other hand, Chairman of SCZONE met with Belgium’s Energy Minister Tinne Van der Straeten where she gave an orientation on SCZONE, pointing to its potential and assets.
“SCZONE has 4 industrial zones and 6 main ports on the Red and the Mediterranean Sea. These assets will accelerate the process of Green fuel production. SCZONE also targeted 15 other sectors and we encourage our investors through several financial and nonfinancial incentives” Eng. Yehia Zaki declared.
“I’m impressed with the progress made by SCZONE, especially in the transition to the production of green fuels. I knew about the development that happened in SCZONE and I promise to push more Belgium investments in SCZONE and take advantage of its potential in various fields”
The Belgium’s Energy Minister
The Belgium minister also affirmed her country’s aspiration to enhance cooperation with Egypt and get benefit from its distinguished geographical location which is close to Europe as well as being a main gate to the African continent. She also pointed to the importance of maximizing the benefit of cooperation opportunities in the field of green hydrogen, especially in coinciding with Egypt’s hosting of (COP27) next November.
It is worth mentioning that these meetings were held at the Egyptian Embassy in Brussels, in the presence of Dr. Badr Abdel-Aty, Ambassador of the Arab Republic of Egypt to the Kingdom of Belgium. The meetings were held on the sidelines of SCZONE’s participation in the Africa Energy forum 2022 in Brussels, which is currently being held from 21-24 June 2022.