SCZONE adds nine industrial projects worth US$84.5M in Sokhna expansion
The new investments further reinforce SCZONE’s position as a competitive destination for industrial and logistics investment.
EGYPT – Prime Minister Mostafa Madbouly has inaugurated nine new industrial projects within the integrated Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), with combined investments of US$84.5 million to transform the zone into a premier global logistics and production hub.
The projects, spanning a range of manufacturing sectors including building materials, textiles, chemicals, engineering, and medical equipment, are expected to create nearly 2,000 jobs and further expand the SCZONE’s industrial and production capacity.
The developments include newly established facilities, expansions of existing factories, and the initial operating phases of projects expected to increase capacity in the coming period.
Madbouly said the SCZONE has become an integrated platform for industry and logistics and a key pillar of Egypt’s economic development strategy.
In addition, its strategic location, integrated ports, industrial zones and advanced infrastructure have strengthened its ability to attract local and foreign investment.
Strategic Vision and Investment Attraction
The prime minister highlighted the zone’s role in connecting industry, trade and logistics, noting that it has attracted high-value investment, supported the localization of strategic industries and strengthened Egypt’s production and export capabilities.
He said these developments are helping position Egypt as a regional manufacturing hub with greater access to international markets and global supply chains.
Madbouly added that the inauguration of the new projects reflects growing investor confidence in Egypt’s business and investment environment.
Industrial Diversification and Economic Impact
SCZONE Chairman Mostafa Sheikhoune said the latest projects demonstrate the continued expansion and diversification of the zone’s industrial base and reflect the success of its strategy to strengthen its position as an integrated hub for manufacturing, production and logistics.
The nine projects span several industries, including building and finishing materials, furniture, textiles, artificial turf, chemicals and mining, engineering and electrical, and medical industries and equipment.
Sheikhoune said the diversity of the investments reflects SCZONE’s progress in developing an integrated industrial ecosystem that can deepen local manufacturing, create employment and strengthen links between industrial zones and ports.
The new investments further reinforce SCZONE’s position as a competitive destination for industrial and logistics investment.
By improving infrastructure and streamlining business procedures, the state aims to attract foreign investment and strengthen Egypt’s presence in international supply chains.
Finally, this expansion is a strategic move to localize key industries and boost the nation’s overall export capacity.
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