The Prime Minister follows up on developments in work in the Suez Canal Economic Zone and efforts to attract investments
I met with Dr. Mostafa Madbouly, Prime Minister, this evening; At the government headquarters in the new capital, Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone, to follow up on developments in work in the Suez Canal Economic Zone and efforts to attract investments.
The Prime Minister pointed out, at the beginning of the meeting, the components and capabilities that the Suez Canal Economic Zone has, which make it a point of attraction for more local and foreign investments, in order to maximize and exploit its promising investment opportunities in many sectors.
During the meeting, Walid Gamal El-Din reviewed the income statement indicators for the four months from July to October 2025, and compared these indicators to the same period of the previous year 2024/2025, explaining that the list achieved an actual surplus of 204% over what was estimated in the budget for the period from July to October 2025, in addition to achieving a rate of increase in the size of this surplus by 58% compared to the same achieved for the same period last year, providing an analysis of the size of public revenues for the four months. From July to October 2025, as well as the financial burdens for a number of investment and strategic projects.
During the meeting, Walid Gamal El-Din discussed the efforts to promote the Suez Canal Economic Zone, in order to maximize its capabilities and capabilities, explaining that the total actual contracts for investment projects for the fiscal years 2022/2023, 2023/2024, and 2024/2025, and the period from the beginning of July of The current fiscal year 2025/2026 so far has reached $12.96 billion, including contracts for about 380 industrial, service, and logistical projects, in addition to projects for sea ports, through which about 121.5 thousand job opportunities are available.
The head of the General Authority for the Suez Canal Economic Zone explained that the total number of companies established in the region reached 457 companies, of which 296 companies were initially established. From the fiscal year 2022/2023 until now, the total source capital has reached 785 million dollars from various countries of the world.
Regarding the position of implementing projects in Qantara West, the head of the General Authority for the Suez Canal Economic Zone explained that the number of projects and contracts in the region reached 48 projects, during the period from 7/1/2023 until today 12/14/2025, with an investment volume of 1.2 billion dollars, and the availability of about 70 thousand Job opportunity.
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