Egypt

Madbouly witnesses the signing of the contract to develop industrial land in Sokhna, affiliated with the economic zone of the Suez Canal

Prime Minister Dr. Mustafa Madbouly witnessed, today, Wednesday, the signing ceremony of a contract to develop and transform the right to use a plot of 2.86 km2 within the scope of the industrial zone in the region of the region.

& nbsp; Egypt for the Development of the Special Economic Zone, in the presence of the team, the engineer of Kamel, the Minister, Deputy Prime Minister for Industrial Development, Minister of Industry and Transport. The management of the Teda Egypt Group. One of the work and development of the area previously allocated to it, which is 7 km2; This becomes the total area allocated to the company is approximately 10 km2 within the industrial zone of Sokhna. Attracting more various industrial investments, and achieving the authority’s targets in creating integrated and sustainable industrial societies. The state is working to enhance the partnership with the local and foreign private sector in a way that promotes development and provides job opportunities & quot; praising what the Suez Canal Economics has achieved & quot; One of the successes was reflected in the desire of industrial developers working in it for more expansions. Tawabra. It opens the way for the implementation of an integrated development plan in line with the authority’s strategy to localize industries and deepen local industrialization within the economic zone & quot;

and emphasized that the new expansions of the company & quot; Teda Egypt & quot; It is a clear evidence of the great success achieved during the past years in the framework of the fruitful partnership between the two sides, whether in terms of attracting investments or the establishment of an integrated industrial society within the scope of the economic zone.

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