SCZONE lays the foundation stone for El Sewedy & Banque Misr Technical Academy within Sokhna integrated zone

Dr. Reda Hegazy, The Minister of Education and Technical Education, and Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed the laying of the foundation stone for El Sewedy & Banque Misr Technical Academy, within SCZONE’s Sokhna integrated zone.

El Sewedy and Banque Misr Technical Academy aims to deliver dual technical education and vocational training programs for technical workers and qualify them to work in industrial projects established within the Sokhna industrial zone. The Academy was established within the framework of SCZONE’s vision to qualify technical laborers and train them on the latest technologies, especially those who will be employed with specific criteria commensurate with the requirements of the projects established within the industrial zone.

“SCZONE prioritizing the creation of job opportunities and qualifying technical labors, as we seek to localize several targeted industries within SCZONE’s strategic vision that includes 21 industrial and services sectors. the establishment of El Sewedy & Banque Misr Technical Academy comes in consistent with SCZONE demand by qualifying trained workers for various industrial and logistical projects, as the academy is based on %80 practical training in partner factories and 20% for theoretical education. El Sewedy & Banque Misr Technical Academy provide Dual education programs (technical and vocational training) for students, which represents an added value to SCZONE by preparing qualified human cadres according to the highest international standards, especially, the future industries such as the green fuel industry and its complementary industries, the manufacture of electrolyzers, solar panels and others, in light of SCZONE’s aspiration to be a regional hub for this industry due to its capabilities that enable it to manufacture, export and take the lead of green bunkering in the MENA region.” Mr. Waleid Gamal El-Dien, Chairman of SCZONE stated

“The establishment of a new branch of El Sewedy Technical Academy (STA) comes within the framework of El Sewedy Electric’s vision to support and develop the technical education system in Egypt. As well as providing trained human cadres according to the latest international standards in education systems. This is to meet the growing demand for this type of education to meet the needs of the labor market and support the industrial sector in Egypt in line with the efforts of Egypt in this regard.” Said Eng. Ahmed El-Sewedy, Chairman of the Board of Trustees of Elsewedy Electric Foundation

“Banque Misr’s participation in the establishment of the El Sewedy and Banque Misr Technical Academy in the Sokhna industrial zone comes from the bank’s pioneering role in the field of social responsibility, as it is one of the most important main pillars in which it believes. The Bank is also keen on providing young cadres with a high-quality educational service, which contributes to the provision of skilled technical manpower required to support strategic fields and industries to raise productivity and quality. This is achieved by taking advantage of innovative technical education and vocational training programs delivered according to advanced international standards, with a systematic focus on competency methodology. I would like to restate that education and youth are the engines of growth. Developing the skills of young cadres in line with emerging developments affecting the labor market is the ideal solution for the advancement of societies. The bank is always keen to encourage partnerships between the various sectors of the Egyptian governmental and private society, especially by presenting a successful model in the community for an actual and real contribution to its development, as the values and strategies of the bank’s work always reflect our commitment to sustainable development and prosperity for Egypt.” Mr. Mohamed El-Etreby, Chairman of Banque Misr declared

“The Academy culminates in the SCZONE’s services by providing manpower to factories and companies operating in (Sokhna 360), who have the opportunity to train in these factories. The establishment of El Sewedy and Banque Misr Technical Academy, followed by El Sewedy Technical University, whose second branch is planned to be established in SCZONE in the coming period, will make SCZONE a meeting place for vocational and technological education, which will contribute to creating an integrated society and pushing more investment opportunities.” Eng. Mohammed Al-Kammah, CEO of Elsewedy Industrial Development Company, stated

“We are proud to open the fourth branch of El Sewedy Technical Academy in the integrated industrial city “Sokhna 360″. This comes as a culmination of the Academy’s success over the past years in meeting the needs of the labor market of skilled trained workers and initiating a new concept of technical education according to the latest international standards. The academy is scheduled to operate with a capacity of 1,350 students, on a three-year dual basis, in addition to training programs for employment and raising the efficiency of the current workforce for more than 200 trainees annually.” Ms. Hanan El-Rihani, Secretary General and CEO of El Sewedy and Banque Misr Technical Academy explained



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