Egypt is studying proposals from international companies to establish a global logistics and redistribution hub in the Suez Canal Economic Zone (SCZone), as part of efforts to consolidate the country’s position as a regional centre for trade and supply chains.
Prime Minister Moustafa Madbouli chaired a meeting on Monday to review the proposed project, attended by Minister of Investment and Foreign Trade Mohamed Farid Saleh, SCZone Chairman Walid Gamal El-Din, senior investment officials, and representatives from relevant government bodies.
Madbouli said the government was pursuing ambitious plans to attract further investment to the SCZone and localise strategic industries.
He noted that several international companies had already submitted proposals for the project, which aligns with President Abdel Fattah El Sisi’s directives to maximise the benefits of national infrastructure projects and reinforce Egypt’s role as a regional and global hub for trade, logistics, and supply chains.
The prime minister also stressed the importance of reaching agreements with serious investors and establishing a clear governance framework for logistics activities.
Madbouli called for the development of a comprehensive strategy to promote Egypt as a regional redistribution centre capable of attracting major international companies to establish logistics and distribution facilities across the country.
The meeting reviewed proposals submitted by a number of global firms to develop international distribution centres for a broad range of goods and commodities.
Participants also discussed the ongoing evaluation of the offers in co-ordination between the SCZone, the Ministry of Investment and Foreign Trade, and other relevant authorities.
The project is expected to support the transformation of the SCZone into a major hub for transit trade and redistribution.
It could also generate wider economic benefits by boosting port activity, increasing demand for logistics services, strengthening supply chains, and raising foreign currency revenues through storage, handling, and redistribution operations.
