Polish Investments to Prevail in SCZone

Tuesday, 14th February 2017

A Polish industrial zone will be implemented in the Suez Canal  Economic Zone (SCZone) in an effort to establish a mixed society within the industrial zone and attract more Polish investments, Invest-Gate reports.

This comes as part of an agreement signed between SCZone and the Polish Economic Zone of Pomerania, according to a State Information Service statement.

Egyptian developers such as Amer Group, Ramco, and Travco previously bid to develop a major touristic project in SCZone.

Director of SCZone Ahmed Darwish asserted that the winning developer will be be entitled to investment incentives so as to encourage foreign inflows, Invest-Gate previously reported.

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