Egypt seeks Japanese industrial zone in SCZONE, invites Tokyo to African Business Forum
via Egypt Today2 min read
Egypt is looking to strengthen its strategic and economic partnership with Japan, proposing new investment opportunities and expanded industrial cooperation. Foreign Minister Badr Abdelatty met with Japanese Prime Minister Sanae Takaichi in Tokyo, conveying a message from President Abdel Fattah El-Sisi. Abdelatty expressed Egypt's interest in establishing a Japanese industrial zone within the Suez Canal Economic Zone SCZONE to allow Japanese companies to benefit from its investment and customs incentives. He emphasized Egypt's strategic solutions for Japanese companies aiming to diversify production bases and supply chains, and called for increased Japanese investment in various sectors, including industry, technology, innovation, scientific research, and digital transformation. Abdelatty highlighted Egypt's role as a gateway for manufacturing and exports to Arab, African, and European markets, supported by its free trade agreements. He also stressed the importance of the development partnership in education, health, transport, energy, and sustainable development, urging continued cooperation on projects like the Egypt-Japan University of Science and Technology. The foreign minister outlined Egypt’s efforts to deepen trilateral cooperation with Japan and African countries, inviting Japan to the upcoming African Business Forum Alamein Africa Forum to expand trade and investment across the continent. He also reviewed Egypt’s efforts to de-escalate tensions in the Middle East. P
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