Chinese, Pakistani and Egyptian-Turkish initiatives within the economy of the Suez Canal, with investments of $ 155 million
I wrote – Mary club
The Long-established Authority of the Economic Zone of the Suez Canal has opened a series of most as much as date multinational initiatives in some unspecified time in the future of essentially the most as much as date length, the place 5 initiatives possess been signed with investments of 155 million greenbacks on an home of 441 thousand sq. meters, which provide about 5100 remark job opportunities, including four initiatives within the Qantara region of West that comprise Chinese and Pakistani clothes for clothes, textiles, a flooring factory and wall panels of PVC, and firms similar to Changzhou Ramada Essentially excellent in home textiles, clothes, shuanfeng willing-made clothes, Interlop Community for sportswear, socks and weblog (denims), and Jiangsu Zhengyong for floors and recycling subject cloth The going by technique of and restore of containers with added impress on an home of 100 thousand sq. meters dispensed between Qantara West and Sokhna, which displays the diversity of world investments and the attractiveness of the industrial zone of world investors.
This comes in some unspecified time in the future of the framework of the prestigious monetary efficiency of the authority in some unspecified time in the future of the monetary twelve months 24-25, the place listing revenues of 11.6 billion kilos completed a yelp rate of 38% from the outdated fiscal twelve months, which recorded 8.4 billion kilos, while the authority’s score profits reached 8.6 billion kilos, achieving an lengthen of 51% over the monetary twelve months 23-24 in which profits recorded 5.7 billion kilos, and the profits exceeded the funds expectations by 189% To achieve 2.96 billion kilos, and this efficiency displays the elasticity of the authority and the sustainability of its plans and its capability to take care of global geopolitical challenges.
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At some stage within the second assembly of the Authority’s Board of Directors for the 25-26 fiscal twelve months held at its headquarters within the manager capital headed by Mr. Walid Jamal Al-Din and the presence of the Minister of Housing and Funding, Port Acknowledged, Suez and Ismailia governors and a various of leaders of the authority and individuals of the council, the promotional dilemma of the authority for the closing fiscal twelve months became reviewed 24-25, the place 129 industrial, logistical and restore initiatives possess been reduced in size at an total funding price 4.4 billion greenbacks providing about 3,1202 remark job opportunities, and the length from July to mid -September 2025 witnessed 26 new initiatives at a price of $ 1.85 billion within the Sokhna and Qantara areas West, and these initiatives offer 21832 jobs, bringing the total initiatives within 14 months to 155 initiatives with investments of 6.3 billion greenbacks.
The different initiatives that possess been applied in some unspecified time in the future of the previous 38 months included 334 initiatives with total investments of 10.4 billion greenbacks, of which 323 initiatives in industrial areas with investments of 8.9 billion greenbacks provide about 100 thousand remark job opportunities, 11 initiatives in seaports with investments of 1.5 billion greenbacks, and likewise included industrial sectors similar to tires, photo voltaic panels, textiles, willing -made clothes and metal industries, as smartly as to Logistical and restore sectors, and the authority expanded geographically to comprise the Ismailia region, east of Sinai and the West Qantara region, which witnessed the implementation of 40 industrial and logistical initiatives with investments of $ 1,053 billion, allowing about 55.9 thousand jobs.
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(Tagstotranslate) Home Textures (T) The Long-established Authority for Economic Zone (T) The Suez Canal
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