SCZone to See Establishment of 15 New Diversified Projects

SCZone to See Establishment of 15 New Diversified Projects
Suez Canal

The General Authority for Suez Canal Economic Zone (SCZone) signs 15 contracts with 13 companies of diverse activities to pump investments in the Suez Special Economic Zone (SSEZ) in Ain Sokhna, Invest-Gate reports.

The projects will cover the fields of petrochemicals and fertilizers, in addition to the manufacturing of medical solutions, medicine and paper products, which will contribute to the development of the area and creation of new job opportunities.

The Suez Canal Authority managed to activate “Sonker” liquid drainage project at Sokhna Port with investments worth USD 500 mn, according to the Chairman Mohab Mamish.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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