Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), said the authority has attracted investments estimated at approximately $15bn, of which 70% are foreign and 30% domestic, with investors representing 28 countries. He noted that the figures reflect growing international confidence in the zone’s investment climate. Gamal El-Din highlighted promising opportunities across several strategic sectors, including textiles, electric batteries, tyres and cast iron, alongside pharmaceuticals, building materials and other priority industries. He added that SCZONE aims not only to attract investments across 21 targeted sectors spanning industry, services and logistics, but also to localise full value chains, particularly in green energy-related industries. For his part, Alaa Zahran, Professor at the Macroeconomic Policies Centre, said the seminar aimed to shed light on the overall framework of the SCZONE project, reviewing its strategic objectives and implementation mechanisms.

Source: Daily News Egypt February 24, 2026 18:16 UTC