SCZone attracts $7.1 bln in investments in FY 25/26: Chairman

Ahram Online , Tuesday 5 May 2026

Egypt’s Suez Canal Economic Zone (SCZone) said it has attracted $7.1 billion in investments so far during the 2025/26 financial year, as it seeks to expand its role as a regional industrial and logistics hub.

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SCZone Chairman Walid Gamal El-Din said $1.8 billion of the total had been secured over the past two months alone, according to a statement released on Tuesday.

Speaking at a conference organized by the German-Arab Chamber of Industry and Commerce (AHK Egypt), Gamal El-Din said the zone’s investments had reached $16 billion over the past three years and nine months.

He added that port development projects within the zone had attracted nearly $1.7 billion, including around $1.5 billion in implemented contracts across 14 projects between June 2022 and April 2026.

The SCZone, which stretches along the Suez Canal and includes several ports and industrial areas, has been positioning itself as a centre for manufacturing, logistics and international trade.

Recent developments around the Strait of Hormuz, a critical corridor for global oil shipments, have heightened concerns over the security of shipping lanes in the region.

Some shipping companies had begun redirecting vessels back through the Suez Canal as security risks in Gulf waters increased and threats in the Red Sea eased compared with last year.

As for port operations, container traffic at East Port Said rose to 5.6 million containers in 2026, up from 2.4 million in 2024, accounting for nearly 70 percent of Egypt’s transit trade.

El Arish Port now handles between 4.5 and 5 million tons annually, growing from a near standstill, as well as further developments to Ain Sokhna port to link it to logistics corridors.

The authority expects to post its highest revenues and budget surplus on record in the current financial year, which ends on 30 June, with growth exceeding 30 percent, driven by the opening of new factories.

Egypt seeks to expand its industrial base under a national strategy aimed at increasing the manufacturing sector’s contribution to gross domestic product from 15 percent to 20 percent by 2030.

 

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