Suez Canal Economic Zone projects, Egypt
Name of the Project
Suez Canal Economic Zone (SCZone) projects.
Location
West Qantara Industrial Area, East Ismailia Industrial Zone and Sokhna Industrial Zone, in Egypt.
Project Owner/s
General Authority of the SCZone.
Project Description
The board of directors of the General Authority of the SCZone has approved a series of projects, with international partners, in manufacturing, green hydrogen and water desalination.
The approved projects include:
- a steel complex, which will be built on 750 000 m2, with a capacity of 600 000 t/y of steel coils.
- a clothing manufacturing factory on 80 000 m2. The project will be completed in two phases. The factory is expected to produce 43-million pieces a year.
- a steel factory on 400 000 m2. The factory will be built in three phases, with a production capacity of 1.8-million tons of steel products a year.
- the construction of a tyre manufacturing project on 400 000 m2, with a production capacity of 2.4-million units a year.
- a raw materials storage area.
Potential Job Creation
Not stated.
Capital Expenditure
The steel complex – $300 million, the clothing factory – $40-million, the steel factory – $610-million, the tyre-manufacturing facility – €1-billion and the raw materials storage area – $110-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
China's Cheng Feng Iron Production (steel complex); Shanghai Shengda (clothing factory); and Indian Flex-Egypt (raw materials storage area).
Contact Details for Project Information
SCZone, email invest@sczone.eg.
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