Suez Canal Economic Zone attracts $16 billion in investments over four years, targets green sectors
via Egypt Today1 min read
The Suez Canal Economic Zone SCZone has attracted approximately $16 billion in investments over the past four years, a substantial increase from about $2 billion in earlier periods, according to its chairman Walid Gamal El-Din. Speaking at the Egypt鈥揙ECD Country Programme High-Level Roundtable, Gamal El-Din attributed this progress to reforms and development efforts initiated since 2015, describing 2025 as a "harvest year" for these initiatives. More than 160 factories and projects have been established across the zone鈥檚 ports and industrial areas, indicating increased industrial activity and investor interest. Investments secured since the beginning of the current year have reached around $6 billion, with further growth anticipated as new agreements are finalized. Gamal El-Din highlighted that international partnerships, particularly with the Organisation for Economic Co-operation and Development, and strong government support have improved the investment climate and driven development within the zone. The SCZone has transformed into an integrated hub for industry, logistics, and trade, solidifying its role as a regional center for global commerce. The zone also ranks among the top three globally in container terminal performance and first in the Middle East and Africa. Looking forward, the authority plans to expand investments in green sectors and advanced industries, aligning with Egypt鈥檚 broader goals for sustainable growth and attracting higher-value investments.
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This summary was AI-generated from a story originally published by Egypt Today.
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