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$3.2 billion worth of contracts for 144 projects in industrial zones and Suez Canal ports
Dr. Mostafa Madbouly stressed the importance of the efforts made by the General Authority for the Suez Canal Economic Zone to develop the economic zone, in line with the state’s vision to attract more foreign direct investments, increase Egyptian exports, provide job opportunities, and achieve sustainable development.
He also reviewed the results of the Authority’s promotional efforts during the period from July 2023 to April 2024, noting that the total contracts in industrial zones and ports during this period amounted to 144 projects, with an investment cost of $3.226 billion, with 67 projects obtaining final approvals, while 77 projects obtained approvals. Initial approvals, adding that more than 25,000 direct and indirect job opportunities will be available once the establishment and operation of these projects are completed.
Source: IDSC
