Cairo: Prime Minister Mostafa Madbouly emphasized the promising investment opportunities available within the Suez Canal Economic Zone (SCZONE) across multiple sectors. Madbouly’s remarks came during a meeting with SCZONE Chairman Walid Gamal El-Din, where they discussed strategies to attract more local and foreign investments to the zone.

According to State Information Service Egypt, Gamal El-Din provided an overview of the financial performance indicators for the SCZONE over a four-month period from July to October 2025, comparing them to the same timeframe in the previous year. He reported that the indicators showed an actual surplus of 204% above the budgeted figures for July to October 2025. The surplus also marked a 58% increase from the previous year, highlighting the zone’s financial growth. An analysis of public revenues during this period, along with the financial commitments associated with several strategic and investment projects, was also presented.

Gamal El-Din elaborated on efforts to enhance the SCZONE’s profile by optimizing its assets and potential. He disclosed that the confirmed investment contracts for the fiscal years 2022/2023, 2023/2024, and 2024/2025, along with the current fiscal year starting in July, have amassed a total value of $12.96 billion. These contracts encompass approximately 380 industrial, service, and logistics projects, as well as seaport projects, collectively creating around 121,500 job opportunities. He further noted that 457 companies have been established in the SCZONE, with 296 founded since the fiscal year 2022/2023, accumulating a combined issued capital of $785 million from investors worldwide.

Regarding the Qantara West industrial zone, Gamal El-Din revealed that since July 1, 2023, the zone has seen the implementation of 48 projects with investments amounting to $1.2 billion, which have created approximately 70,000 jobs.