The Board of Directors of the General Authority for the Suez Canal Economic Zone (SCZone) held its fourth meeting of the 2025–2026 fiscal year, chaired by Walid Gamal El-Din, with the participation of several ministers, governors, and senior officials.
The meeting reviewed the Authority’s promotional performance, financial indicators, and approved a number of new investment projects.
During the meeting, the Board reviewed the results of SCZone’s promotional efforts over the past three fiscal years, as well as the first half of the current fiscal year. These efforts resulted in the contracting of 383 projects across ports and industrial zones, with total investments of about $14.21 billion and around 134,300 direct job opportunities. Industrial zones accounted for 370 of these projects, with investments of roughly $12.7 billion.
The Board was also briefed on the Authority’s performance in the first half of the 2025–2026 fiscal year, during which SCZone attracted 80 projects in ports and industrial zones with investments exceeding $5.1 billion and more than 64,400 direct jobs.
This exceeded the total investments recorded in the previous fiscal year. In addition, 13 port projects were contracted with investments of $1.51 billion.
Gamal El-Din reviewed key financial indicators for the period from July 1 to November 31, 2025, noting that total revenues reached LE6.25 billion, marking a 55 percent increase compared to the same period last year. Revenues also exceeded budget estimates by about 43 percent, reflecting improved utilization of industrial and logistics zones and the start of operations at several port terminals and berths.
The Board approved 10 new projects with total investments of $271.1 million, expected to create more than 14,000 direct jobs. This includes nine projects in the Qantara West Industrial Zone in textiles, ready-made garments, and plastic recycling, as well as one project in the East Ismailia Industrial Zone in the metal industries sector.
