The Egyptian prime minister confirms full support for SCZONE strategy

The prime minister confirms Egypt’s full support for SCZONE during his meeting with the chairman

The Egyptian prime minister, Dr. Mostafa Madbouly, confirmed the full support for SCZONE strategy, as it is one of the main pillars of the Economic development in Egypt. This was during his meeting with Waleid Gamal El-Dein, the Chairman of SCZONE in the cabinet headquarters in new Alamein city.

The Chairman of Suez Canal Economic Zone demonstrated SCZONE’s vision during the near future, as well as the promotional plans for the industrial zones and the affiliated ports.

“SCZONE is proceeding with its strategy for the years 2020 to 2025 to create new investment opportunities in targeted industrial and maritime sectors. Our main goal is to prepare the infrastructure for ports and industrial zones following the international standards to maximize SCZONE’s role as a global and pivotal logistic hub. We develop our affiliated ports to attract more international shipping lines, as well as set up an effective system for providing marine and ship bunkering services. we also prepare for establishing a global financial center in SCZONE to give the technical and financial support for the projects” Waleid Gamal El-Dein declared.

“We also targeting to localize industries in 15 sectors during the next phase such as solar panel manufacturing and logistics, in addition to the Green fuel industries. We also enhance SCZONE’s capabilities as a global economic zone, including establishing platforms for small and medium enterprises, and several mega projects.” Gamal El-Dein added.

“SCZONE has a vision based on making it a regional and global hub for the production of green fuel, as it is scheduled to announce several projects and final contracts in coinciding with Egypt’s host for COP 27 next November. We also prepare for launching a media campaign to introduce SCZONE’s capabilities and promoting specific investment projects within SCZONE during COP27 to gain more global investments and partnerships.” Gamal El-Dein said.



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