Orascom Industrial Parks unveils new $139mln investment in Ain Sokhna

SCZone, Orascom sign EGP 12.87 bln land use agreement for industrial expansion

GI Hub Signing

Ahram Online , Thursday 21 Nov 2024 The Suez Canal Economic Zone (SCZone) has signed a land use agreement with Orascom Industrial Parks for the development and expansion of 3.3 km² in the Sokhna Industrial Zone, valued at EGP 12.87 billion, according to a release published by the Egyptian Cabinet on Thursday. Part of the signing […]

SCZone & Orascom join forces to develop integrated industrial complex in Sokhna

GI Hub Signing 2

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 […]