Investment cost of projects at SCZone totals $17bn

Cairo – Mubasher: Total investment cost of industrial zones at the Suez Canal Economic Zone (SCZone) is estimated at $17 billion, the Middle East News Agency (MENA) reported, citing the head of SCZone, Yehia Zaki, as saying.

Total number of companies operating in SCZone reached 247 through 14 industrial developers that contributed to the creation of about 70,000 jobs, Zaki added.

A total of seven power stations, two desalination plants, and two treatment plants have been established to attract more investors to the zone.

It is noteworthy that about 18,000 ships pass through Suez Canal every year.

Mubasher Contribution Time: 12-Jan-2020 14:32 (GMT)
Mubasher Last Update Time: 12-Jan-2020 14:32 (GMT)