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Home Egypt

SCZone revenues surge more than threefold in 8 years

by Gazette Staff
June 2, 2026
in Egypt
SCZone
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Revenues generated by Egypt’s Suez Canal Economic Zone (SCZone) have more than tripled over the past eight years, reaching EGP 11.6 billion in fiscal year 2024/25, up from EGP 2.8 billion in 2016/17, according to the Cabinet’s Media Center.

The figures were highlighted in a series of infographics showcasing the SCZone’s recent economic performance and growing role as a manufacturing and logistics hub.

Since the beginning of 2026, several new industrial projects have been inaugurated within the SCZone. These include the $8 million Camstone advanced industries project, the $100 million Modern Hygienic factory for sanitary products, and the $45 million Go Steel plant for steel pipe manufacturing. Two solar technology projects launched by Elite Solar, with combined investments of $116 million, were also among the new additions.

The SCZone’s ports also recorded notable achievements. Ain Sokhna Port received a Guinness World Records certification for the deepest man-made port basin built on land at a depth of 19 meters.

East Port Said Port ranked third globally in the World Bank’s 2024 Container Port Performance Index and was included in Lloyd’s List of the world’s top 100 ports for 2025.

Industrial investment continues to expand across the SCZone. Sokhna Industrial Zone alone has attracted $33.1 billion in investments through 547 projects, creating more than 133,000 direct jobs.

The government said the SCZone’s strategic location, modern infrastructure, integrated ports, and industrial zones continue to strengthen its appeal to foreign investors and support Egypt’s efforts to boost production, exports, and economic competitiveness.

Tags: EgyptRevenuesSCZone
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