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.