Nine new factories go live in Sokhna as SCZone manufacturing base hits 212 plants
· Egyptian market news · IRON
The Suez Canal Economic Zone (SCZone) added nine new industrial projects in Sokhna yesterday according to Prime Minister Mostafa Madbouly
The lineup includes:
IN CONTEXT- USD 182.5 mn nine-project package 117 projects
Recent milestones third-phase TEDA expansion USD 117 mn Sailun Chaoyang Longmarch USD 1 bn
Ten local and foreign investors are eyeing over USD 100 mn in industrial projects at Ain Sokhna Al Borsa 10 mn sqm industrial city
Demand is growing at the zone:
REMEMBER- Sokhna’s industrial zone has piled up commitments over the past two years Orascom Industrial Parks Xin Feng USD 210 mn from Xinxing Ductile Iron Pipes and Turkey’s Hayat Sailun Group’s USD 1 bn tire plant several smaller projects