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Egyptian Gazette
Home Business

SCZone head: We aim to attract more Chinese investments in 21 industrial sectors

by Gazette Staff
October 13, 2024
in Business, Egypt
SCZone head: We aim to attract more Chinese investments in 21 industrial sectors 1 - Egyptian Gazette
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CAIRO – Chairman of the General Authority for Suez Canal Economic Zone (SCZone) Walid Gamal El Din said during a recent promotional tour of China the zone succeeded in attracting Chinese investments that exceed 1.067 billion dollars.

There are nearly 200 Chinese companies in the SCZone that are investing in various sectors and aiming to lure more Chinese investments in 21 industrial sectors, added Gamal El Din. 

In a statement on Sunday, SCZone said that a meeting was held with a Chinese delegation to probe vistas of cooperation and investment chances in the zone in the targeted sectors in order to lure more companies into the Chinese province of Jiangsu.

Gamal El Din presented different investment opportunities in the authority in the 21 various sectors including industrial and logistics fields. 

He as well talked about the competitive advantages offered by the authority to support localizing these sectors.

Tags: Chinese investmentsEgyptSCZone

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