Cairo: Prime Minister Mostafa Madbouli held a meeting on Monday, March 16, 2026, to review progress in the Suez Canal Economic Zone. Ministers of electricity, finance, petroleum, and industry attended the meeting, along with the head of the zone authority, Walid Gamal El-Din.

According to State Information Service Egypt, Gamal El-Din presented updates on the Sokhna industrial area, which hosts 547 industrial and logistics projects, in addition to 88 service activities. Investments in the area have reached 33.06 billion dollars, providing 133,500 direct jobs.

The projects encompass several sectors. The textile industry has 70 projects valued at 683.8 million dollars, while engineering and power industries consist of 42 projects worth 732.3 million dollars. The mining sector includes 13 projects with investments of 312.6 million dollars. The pharmaceutical sector has 59 projects amounting to 1.34 billion dollars. Chemical industries dominate with 130 projects valued at 15.9 billion dollars. Other sectors include building materials, glass, metals, and heavy industries.

Prime Minister Madbouli emphasized the significance of these projects for fostering development, generating employment, and supporting the growth of Sinai. The zone aims to establish integrated industrial clusters, complete with training centers for workers.