Egypt’s Suez Canal Economic Zone (SCZONE) signed two contracts on Wednesday for industrial projects in the Sokhna Industrial Zone worth a combined $13m (EGP 609m) to manufacture food products and fertilisers. Waleed Gamal El-Din, Chairperson of the SCZONE, oversaw the signing of the first contract for Al-Atta Group for Food and Mining Industries. Gamal El-Din stated that the Sokhna Industrial Zone is experiencing increasing interest from investors across various sectors, which he attributed to confidence in the authority’s investment environment. He said the SCZONE continues to support industrial projects that meet domestic market needs and bolster exports, with a focus on vital sectors such as food security, supply chains, and mining. The chairperson noted that the authority is working to accelerate the implementation of industrial projects by providing a package of facilities and services to investors.

Source: Daily News Egypt February 11, 2026 16:59 UTC