A delegation of American businessmen headed by Jack Wheeler visited the new economic zone of the Suez Canal, on Sunday. The businessmen discussed means of cooperation and identified investment opportunities provided by the Suez Canal Authority in the four areas of the Authority and its six ports. The delegation was received by Fouad Nasser, Secretary General of the Board of Directors of the authority, and captain Ashraf al-Meghany, Director General of Ain Sokhna Port. Secretary General Nasser added that the economic zone is an area that enjoys high competitiveness and independence in decision-making; through the "Board of Directors", a governance entity having full powers to achieve efficiency in development and eliminate bureaucracy. The authority officials displayed investment opportunities in all the area sectors, as well as projects planned throughout the regions of East Port Said and Qantara Gharb.

Source: Egypt Independent January 09, 2017 11:59 UTC