Chinese, Pakistani and Egyptian-Turkish projects in the economy of the Suez Canal, with investments of $ 155 million – ryan

I wrote – Mary club

The General Authority of the Economic Zone of the Suez Canal has opened a series of new multinational projects during the recent period, where five projects were signed with investments of 155 million dollars on an area of ​​441 thousand square meters, which provide about 5100 direct job opportunities, including four projects in the Qantara region of West that include Chinese and Pakistani clothes for clothes, textiles, a flooring factory and wall panels of PVC, and companies such as Changzhou Ramada Specialized in home textiles, clothing, shuanfeng ready-made clothes, Interlop Group for sportswear, socks and blog (jeans), and Jiangsu Zhengyong for floors and recycling material The handling and repair of containers with added value on an area of ​​100 thousand square meters distributed between Qantara West and Sokhna, which reflects the diversity of international investments and the attractiveness of the economic zone of global investors.

This comes within the framework of the distinguished financial performance of the authority during the financial year 24-25, where record revenues of 11.6 billion pounds achieved a growth rate of 38% from the previous fiscal year, which recorded 8.4 billion pounds, while the authority’s net profits reached 8.6 billion pounds, achieving an increase of 51% over the financial year 23-24 in which profits recorded 5.7 billion pounds, and the profits exceeded the budget expectations by 189% To reach 2.96 billion pounds, and this performance reflects the elasticity of the authority and the sustainability of its plans and its ability to deal with global geopolitical challenges.

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During the second meeting of the Authority’s Board of Directors for the 25-26 fiscal year held at its headquarters in the administrative capital headed by Mr. Walid Jamal Al-Din and the presence of the Minister of Housing and Investment, Port Said, Suez and Ismailia governors and a number of leaders of the authority and members of the council, the promotional position of the authority for the last fiscal year was reviewed 24-25, where 129 industrial, logistical and service projects were contracted at a total investment cost 4.4 billion dollars providing about 3,1202 direct job opportunities, and the period from July to mid -September 2025 witnessed 26 new projects at a cost of $ 1.85 billion in the Sokhna and Qantara areas West, and these projects offer 21832 jobs, bringing the total projects within 14 months to 155 projects with investments of 6.3 billion dollars.

The various projects that were implemented during the past 38 months included 334 projects with total investments of 10.4 billion dollars, of which 323 projects in industrial areas with investments of 8.9 billion dollars provide about 100 thousand direct job opportunities, 11 projects in seaports with investments of 1.5 billion dollars, and also included industrial sectors such as tires, solar panels, textiles, ready -made clothes and metal industries, in addition to Logistical and service sectors, and the authority expanded geographically to include the Ismailia region, east of Sinai and the West Qantara region, which witnessed the implementation of 40 industrial and logistical projects with investments of $ 1,053 billion, allowing about 55.9 thousand jobs.