Chinese, Pakistani and Egyptian-Turkish projects within the economic system of the Suez Canal, with investments of $ 155 million
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The Customary Authority of the Economic Zone of the Suez Canal has opened a sequence of contemporary multinational projects throughout the hot duration, where five projects had been signed with investments of 155 million bucks on an space of 441 thousand square meters, which provide about 5100 notify job alternatives, along side four projects within the Qantara put of West that embrace Chinese and Pakistani clothes for garments, textiles, a ground factory and wall panels of PVC, and firms equivalent to Changzhou Ramada Truly expert in dwelling textiles, clothing, shuanfeng willing-made clothes, Interlop Neighborhood for sports clothing, socks and weblog (denims), and Jiangsu Zhengyong for ground and recycling area topic The handling and restore of containers with added payment on an space of 100 thousand square meters disbursed between Qantara West and Sokhna, which displays the differ of worldwide investments and the attractiveness of the industrial zone of world patrons.
This comes inner the framework of the favorite financial performance of the authority throughout the financial year 24-25, where state revenues of 11.6 billion pounds performed a pronounce price of 38% from the earlier fiscal year, which recorded 8.4 billion pounds, whereas the authority’s accumulate profits reached 8.6 billion pounds, reaching an compose bigger of 51% over the financial year 23-24 whereby profits recorded 5.7 billion pounds, and the profits exceeded the funds expectations by 189% To reach 2.96 billion pounds, and this performance displays the flexibility of the authority and the sustainability of its plans and its ability to handle world geopolitical challenges.
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All around the 2nd assembly of the Authority’s Board of Directors for the 25-26 fiscal year held at its headquarters within the administrative capital headed by Mr. Walid Jamal Al-Din and the presence of the Minister of Housing and Investment, Port Talked about, Suez and Ismailia governors and a replacement of leaders of the authority and participants of the council, the promotional location of the authority for the last fiscal year was once reviewed 24-25, where 129 industrial, logistical and restore projects had been contracted at a total funding payment 4.4 billion bucks offering about 3,1202 notify job alternatives, and the duration from July to mid -September 2025 witnessed 26 recent projects at a payment of $ 1.85 billion within the Sokhna and Qantara areas West, and these projects provide 21832 jobs, bringing the general projects inner 14 months to 155 projects with investments of 6.3 billion bucks.
The many projects that had been applied throughout the previous 38 months included 334 projects with total investments of 10.4 billion bucks, of which 323 projects in industrial areas with investments of 8.9 billion bucks provide about 100 thousand notify job alternatives, 11 projects in seaports with investments of 1.5 billion bucks, and also included industrial sectors equivalent to tires, photo voltaic panels, textiles, willing -made clothes and steel industries, apart from Logistical and restore sectors, and the authority expanded geographically to embrace the Ismailia put, east of Sinai and the West Qantara put, which witnessed the implementation of 40 industrial and logistical projects with investments of $ 1,053 billion, allowing about 55.9 thousand jobs.
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(Tagstotranslate) House Textures (T) The Customary Authority for Economic Zone (T) The Suez Canal
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