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PM underlines need to focus on SCZONE development projects

Prime Minister Mostafa Madbouli has underscored the importance of development projects carried out in the Suez Canal Economic Zone (SCZONE) to attract further promising investments for this area.

The premier’s remarks came on Monday at a meeting with Walid Gamal Eddin, president of the SCZONE general authority, to follow up on progress in the implementation of investment projects in the zone.

Madbouli directed to continue exerting efforts to promote investments in the economic zone.

For his part, Gamal Eddin shed light on a number of carried out projects and the progress achieved in some others in the areas of water desalination and the development of the ports of East Port Said, Al Adabiya and Al Arish.

He also highlighted the progress in implementing infrastructure and development projects in the industrial zone in the canal area.

He reviewed the results of his recent fruitful tour in Japan, where he met a delegation of the Japan Overseas Infrastructure Investment Corporation (JOIN) to probe investment opportunities available in the zone.

Source: State Information Service Egypt

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