CAIRO – 21 November 2024: The General Authority for the Suez Canal Economic Zone (SCZone) has partnered with Orascom Industrial Parks to sign a land usufruct agreement under a revenue-sharing model, spanning 3.3 km².
This ambitious project, with investments totaling LE 12.87 billion, aims to establish, market, and manage an integrated industrial complex in the Sokhna Industrial Zone.
Expected to generate over 30,000 job opportunities upon completion, the project represents a significant step in advancing Egypt’s industrial development. Walid Gamal El-Din, Chairman of SCZone, highlighted the partnership as a testament to the success of previous collaborations with industrial developers. Read more here.