SCZONE holds talks with major investment entities in Hong Kong

At the end of the General Authority of the Suez Canal economic zone delegation’s tour, headed by Mr. Waleid Gamal El-Dien, Chairman of SCZONE, in Hong Kong, meetings were held with official entities and companies operating in the fields of maritime transport and logistics services.

The delegation’s meetings at the end of its tour included participation in a working breakfast with the Chinese (Hutcheson) Group, which signed an agreement with SCZONE to manage and operate the container terminal in Sokhna Port, with a length of 1.2 km for the first phase and the second phase with a length of 1.4 km, in the presence of Mr. Eric Ip, Managing director of Hutchison Ports, and Mr. Vincent Yuan, General Manager of Hutchison Logistics Services. The conversation included strengthening cooperation between the two sides in logistics services that SCZONE seeks to provide in its ports in accordance with international standards.

In the same context, SCZONE’s delegation participated in a meeting with Orient Overseas Container Line (OOCL). During the meeting, the two sides discussed means of cooperation in the field of providing integrated logistics services at the ports of SCZONE. The OOCL shipping line is one of the poles of the Ocean Alliance, which includes COSCO, Evergreen, and CMA.

The delegation of SCZONE also held a meeting with the Chinese General Chamber of Commerce (CGCC) in the presence of Mr. Jonathan Choi, Chairman of the Chamber, which is one of the largest and oldest chambers of commerce in Hong Kong and includes about 6,000 companies and various commercial and industrial establishments.

The delegation also met with officials (the holding company of CCB International (Holdings) Limited which is owned by CCB Bank, Mr. Stanley Shih, managing director of the company, Mr. Kenneth Lau, Executive Director, and Mr. Jason Liu, vice president of the company. The company operates in the field of comprehensive investment and financial services. In the same context, the delegation met with representatives of the CIC International (Hong Kong) branch of the Chinese Investment Corporation, in the presence of Mr. Lu Jinuo, president executive of the Corporation, and Mr. Charlie Yang, head of equity investment. CIC is the Chinese sovereign wealth fund, which aims to invest abroad in assets and stocks. SCZONE seeks to benefit from partnership services with these institutions in providing financial services to its investors, as it aims with its strategic vision to create an integrated community for investments on a large scale Commission.