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Home Business

SCZONE chief: We seek cooperation with Singapore in maritime services

by Gazette Staff
November 10, 2023
in Business
Chief Executive Officer (CEO) of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el-Din after his meeting with Singaporean Minister in the Prime Minister's Office, Second Minister for Education and Minister for Foreign Affairs, Mohamad Maliki Osman.

Chief Executive Officer (CEO) of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el-Din after his meeting with Singaporean Minister in the Prime Minister's Office, Second Minister for Education and Minister for Foreign Affairs, Mohamad Maliki Osman.

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CAIRO – Chief Executive Officer (CEO) of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal el-Din said that the authority seeks cooperation with Singapore in the ports, maritime and logistics services sectors.

He also stressed the authority’s keenness to attract Singaporean investments in the industrial sectors, particularly green and textile industries.

This came during a meeting with Singaporean Minister in the Prime Minister’s Office, Second Minister for Education and Minister for Foreign Affairs, Mohamad Maliki Osman, to discuss means of boosting bilateral cooperation in areas of common interest, including ports and targeted industrial sectors.

In a statement on Friday, the authority’s chief said a new promotional tour will be launched in Singapore during the first half of 2024 to post the Singaporean business community on the available investment opportunities.

He added that the authority managed to attract investments from major global port operators to develop and operate the port berths used for mooring vessels when they are not at sea.

For his part, Osman said he is looking forward to opening new horizons for cooperation in areas of mutual interest, including ports and the digitization of services, the pharmaceutical and textile industries.

Tags: BUSINESSEgyptSCZoneSingaporeSuez Canal Economic Zone

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