Prime Minister Mostafa Madbouly said on Sunday, September 6, 2026, that the Suez Canal Economic Zone (SCZONE) became an integrated Egyptian platform for industry and logistics services and a key pillar of the country's economic development strategy. He added that the SCZONE had exceptional advantages, including its strategic geographic location, integrated ports and industrial areas, and advanced infrastructure, which enabled it to accommodate a wide range of investments.
At the onset of an expanded tour of Sokhna Integrated Industrial Zone, affiliated with the General Authority for the SCZONE, to inaugurate nine new industrial projects with total investments of up to dlrs 84.5 million, Madbouli said that the SCZONE had exceptional advantages, including its strategic geographic location, integrated ports and industrial areas, and advanced infrastructure, which enabled it to accommodate a wide range of investments.
The Prime Minister was accompanied by Health and Population Minister Khaled Abdel Ghaffar, Labour Minister Hassan Raddad and Planning and Economic Development Minister Ahmed Rostom. He was received by Industry Minister Khaled Hashem, Suez Governor Hany Rashad, Chairman of the General Authority for the SCZONE Mostafa Sheikhoun, as well as authority officials, industrial developers and executives of companies implementing the projects.
The Prime Minister said that the SCZONE represented a successful model of integration between industry, trade and logistics services. It had attracted high-quality investments across the various sectors, localized strategic industries and strengthened Egypt's production and export capabilities, supporting the country's position as a regional hub for manufacturing and access to global markets.
The inauguration of new industrial projects in the zone reflected growing investor confidence in Egypt's investment climate and the government's success in providing an attractive business environment based on infrastructure, streamlined procedures and the ability to link local production with supply chains and international markets, he added.
The SCZONE chairman said the inaugurations reflected the continued development of the industrial base in the SCZONE and the authority's success in attracting diverse industrial investments and strengthening the zone's competitiveness as an integrated center for production, manufacturing and logistics services.
The nine new projects, with total investments of up to dlrs 4.5 million, are expected to create about 2,000 jobs, he said. The projects cover sectors including building materials and finishing products, furniture, textiles and artificial turf, chemical and mining industries, engineering and electrical industries, and medical industries and equipment, reflecting the diversity of industrial activity in the zone and its integration with market needs.
Sheikhoun said the projects included new ventures, expansions of existing factories and initial operating phases of projects planned for further expansion in the coming period. He further added that the diversity of the projects reflected the authority's strategy to build an integrated industrial system that would help support deeper local manufacturing, create jobs and strengthen integration between industrial zones and affiliated ports, reinforcing the SCZONE's position as a global investment destination for industry and logistics services.