EBRD willing to Invest in SCZone

EBRD willing to Invest in SCZone

The European Bank for Reconstruction and Development (EBRD) is to invest in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

EBRD Director Phillip Barresi announced the plan in a meeting with SCZone Chairman Ahmed Darwish last Thursday.

“The international finance institutions are interested in carrying out projects in the SCZone,” Darwish says, according to a released statement.

During the meeting, the two officials discussed ways of attracting investments in SCZone, assessed Egypt’s investment climate, and reviewed works implemented during the first 15 months of operation.

Fatma Khaled 379 Posts

An aspiring journalist always seeking to deliver the best of everyday's news. I am a very enthusiastic Egyptian who is committed to journalism and what I could give as a journalist/ writer through reporting on business and political news.


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