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The extensive and high-performance capacity linked to the specialized handling of dry bulk and the central location with excellent hinterland connections, are what make the port a cost-efficient alternative for Dry Bulk Handling.

Egypt’s SCZONE and Chinese investment: a solid economic bond in the MENA region

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SCZONE connects various global trade routes in the shortest possible distance and offers a huge area that accommodates various sectors of industries and services by providing a favorable business environment. Recognizing the urgent need for the transition towards sustainable practices, SCZONE takes a pioneering role by leveraging the ample renewable energy resources in Egypt and dedicating a million square meter production hub for green hydrogen and green ammonia. The zone has already attracted and settled diversified industrial enterprises, including Jushi Egypt - a fiberglass manufacturer that ranks among top four globally in fiber glass production. It was established in , with a total area of , square meters in the integrated industrial zone in Ain Sokhna. Another success story of Chinese companies is 'Heng Tong Egypt' for fiber optics, which was launched in April The company produces optical fiber cables, and provides communications engineering services and electrical engineering. Its production capacity has hit 2 million FKM annually. A second agreement was signed with the same company for a project to produce modern materials with a capacity of , tons of advanced carburetors using coke as a raw material. While the Belt and Road Initiative BRI proposed by China in , aims to foster economic cooperation and enhance global connectivity on different levels, SCZONE was established in by a presidential decree for facilitating global maritime trade and attracting diversified industries within one of the most unique and strategic locations globally. Global Business Special. Fan Yang for textiles Another success story of Chinese companies is 'Heng Tong Egypt' for fiber optics, which was launched in April Copyright -. All rights reserved. Without written authorization from CDIC, such content shall not be republished or used in any form. License for publishing multimedia online Registration Number: About China Daily. Advertise on Site. Contact Us. Expat Employment.

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