Pitcairn Food Industries has signed a contract to establish an $8 million (approximately EGP 400m) production facility in the Sokhna Industrial Zone, the Suez Canal Economic Zone (SCZONE) said in a statement on Monday. The agreement was signed by Walid Youssef, Managing Director of MDC, and Emad Hamdi, Director of Pitcairn, at the SCZONE headquarters in the New Capital. The ceremony was attended by SCZONE Chairman Walid Gamal El-Din and several executive leaders. Gamal El-Din stated that the SCZONE aims to localise 21 industrial, service, and logistics sectors to create integrated industrial clusters that meet international economic, social, and environmental standards. The authority is working with all state institutions to deepen local industry and transfer advanced manufacturing technology, Gamal El-Din added.

Source: Daily News Egypt December 22, 2025 17:31 UTC