Suez Canal Economic Zone (SCZONE)

AD Ports and Egypt’s SCZONE sign agreement for KEZAD East Port Said Zone development

AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) signed a 50-year renewable usufruct agreement to develop and operate a 20 km² industrial and logistics park near the Egyptian coastal city of Port Said on the Mediterranean Sea.

The East Port Said Industrial Zone provides an opportunity to turn a location on the Mediterranean Sea into a key hub for international trade and investments, serving the East-West trade routes, right at the entrance of the Suez Canal.


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https://container-news.com/ad-ports-and-egypts-sczone-sign-agreement/

DP World advances first phase of US$80 million Sokhna Logistics Park

Image used are for illustrative purpose, as the park is being constructed meanwhile

Park will offer a comprehensive range of trade enabling services

Strategically located within the Suez Canal Economic Zone with direct access to the Port of Ain Sokhna

Ain Sokhna, Egypt – 11 FEBRUARY 2025 – DP World has reached a major milestone in the development of the Sokhna Logistics Park, with 65% of the first phase now complete. The $80 million, state-of-the-art logistics hub, strategically located in the...

https://allaboutshipping.co.uk/2025/02/11/dp-world-advances-first-phase-of-us80-million-sokhna-logistics-park/

SCZONE signs US$1.1 billion deal for green bunkering in East Port Said

On the sidelines of the participation of the General Authority of the Suez Canal Economic Zone (SCZONE) in the Climate Summit COP28, chairman of SCZONE Waleid Gamal El-Dien, head of the Egyptian Minister of Petroleum’s Technical Office Eng. Alaa Hagar and CEO of Scatec ASA Terje Pilskog signed an MoU aimed at issuing a license to practice the activity of ships’ bunkering with green fuel for Scatec in Egypt’s East Port Said.

The investment cost is about US$1.1 billion (including investments in...

https://container-news.com/sczone-signs-us1-1-billion-deal-for-green-bunkering-in-east-port-said/

SCZONE signs cooperation protocol with Dutch consortium

Waleid Gamal El-Dien, chairman of Suez Canal Economic Zone (SCZONE) met with a Dutch delegation of officials of the Embassy of the State of the Netherlands in Egypt, representatives of Rotterdam City, and officials of the consortium led by the Egyptian Dutch Company for Business Development of Companies, which is working in the Field of Energy and Green Hydrogen at SCZONE’S Sokhna headquarters.

This happened because of SCZONE’s participation in the Global Hydrogen Forum in Rotterdam last May at...

https://container-news.com/sczone-signs-cooperation-protocol-with-dutch-consortium/

SCZONE Signs Concession Contract To Upgrade Terminal

Credits: Oleksandr Kalinichenko/Shutterstock.com

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a concession contract for the upgrade of Container Terminal No. 2, in East Port Said Port, to the Suez Canal Container Terminal (SCCT), reports APM Terminals.

Concession contract for the upgrade of Container Terminal No. 2

APM Terminals is the majority shareholder and operator of SCCT. The contract includes financing, design, development, management, operation, maintenance,...

https://mfame.guru/sczone-signs-concession-contract-to-upgrade-terminal/

SCZONE and HEPA sign cooperation agreement to develop ports information systems

Suez Canal Economic Zone (SCZONE) and Hungarian Export Promotion Agency (HEPA) signed a cooperation protocol aiming to exchange experiences, collaborate to support investments, and work on creating initiatives and information systems in SCZONE’s affiliated ports.

Furthermore, the collaboration agreement will execute training and development programmes for SCZONE’s human personnel, and support development projects. It also involves technical assistance for the development of SCZONE’s port...

https://container-news.com/sczone-and-hepa-sign-cooperation-agreement-to-develop-ports-information-systems/

Second terminal planned in Port Said

General Authority for the Suez Canal Economic Zone (SCZONE) and Suez Canal Container Terminal (SCCT) have unveiled their plans to design and operate a second terminal at Port Said East Port.

The terminal will be installed between SCZONE and the existing SCCT area.

The targeted additional volume after the expansion will reach 2 million TEUs, according to Steven Yoogalingam, CEO and managing director of SCCT.

During the COP27 event, which took place in Sharm El-Sheikh, Egypt, Waleid Gamal El-Dein,...

https://container-news.com/second-terminal-planned-in-port-said/

SCZONE inks US$10 billion “green” deals

Suez Canal Economic Zone (SCZONE) has signed six memoranda of understanding for US$10 billion worth of investments.

The amount will go to green hydrogen and green ammonia projects with large international companies and consortiums, so as to set up industrial facilities and complexes in the Sokhna area for the production and use of green fuels for ship refueling or export to foreign markets.

SCZONE has set itself the goal of becoming a leading regional hub in the green hydrogen industries, at a...

https://container-news.com/sczone-inks-us10-billion-green-deals/