US EditionInfrastructure Projects Key to Attracting $11bln to Suez Canal Economic Zone: Madbouly
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In Egypt, the General Authority of the economic zone of the Suez Canal (SCZone) has announced that it has obtained long-term bank financing of 30 billion Egyptian pounds (approximately 635 million dollars) from the Commercial International Bank (CIB). This partnership is part of the strategy of the SCZone to modernise the ports,...
As part of the State's strategy to strengthen the local manufacturing industry and increase the value added of Egyptian products, four new industrial project contracts were signed in the industrial area of Ain Sokhna, within the integrated city of Sokhna 360. These agreements have been concluded between the Egyptian company [...] The article Suez Canal Economic Zone: Signing of 4 new Sino-Egyptian industrial projects appeared first on L-FRII.
Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly - Dailynewsegypt
Egypt's massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly said on Sunday. Speaking at the end of a tour of Suez governorate, Madbouly said that without these infrastructure projects, SCZONE would not have been
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