Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal al-Din said the authority has attracted around $16 billion of investments over the past three years and nine months, as it repositions itself as an integrated industrial and logistics hub amid global supply chain shifts.
Speaking at a logistics conference in Cairo on Tuesday, May 5, 2026, he noted that the current fiscal year recorded a new rise of $7.1 billion in investments so far, including $1.8 billion secured in the past two months alone.
On operations, Gamal al-Din highlighted strong growth in revenues and throughput. Container volumes at East Port Said rose from 2.4 million in 2024 to 5.6 million in 2026, accounting for about 70 percent of Egypt’s transit trade. El-Arish Port also saw a turnaround, handling 4.5–5 million tons annually, alongside ongoing development of Sokhna Port and its integration into key logistics corridors.
He added that the zone is targeting priority sectors including renewable energy, pharmaceuticals, metals, chemicals, and electric vehicles, supported by competitive costs, strategic location, and advanced infrastructure.
The SCZone expects record revenues and surplus this year, with growth exceeding 30 percent, driven by new factory openings and expanding maritime services.
SCZone attracts $16bn investments over nearly 4 years Egypt Independent.
Hence then, the article about sczone attracts 16bn investments over nearly 4 years was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( SCZone attracts $16bn investments over nearly 4 years )
Also on site :