SCZone revenues climb 37% to EGP 15.6 bln in FY25/26

Ahram Online , Thursday 16 Jul 2026

Egypt’s General Authority for the Suez Canal Economic Zone (SCZone) saw a 37 percent year-on-year increase in revenues (reaching EGP 15.9 billion) during FY2025/2026, which ended at the end of June this year, according to a statement by the authority on Wednesday.

egypt
Photo courtesy of Egypt's cabinet

 

The authority further noted that the zone has recorded the highest revenues since its establishment. 

In FY 2024/2025, the zone's revenues recorded EGP 11.6 billion.

Total revenues during FY2025/2026 also surpassed the fiscal year budget's projections of EGP 10.5 billion by 51 percent, according to the statement.

During the authority's first meeting of FY2026/2027, SCZone Chairman Walid Gamal El-Din stated that the new record rates testify to Egypt’s progress in consolidating political stability and driving economic reforms.

They can also be attributed to increased investment in infrastructure, which, according to Gamal El-Din, has established the SCZone as a regional centre for industry and logistics.

Moreover, Gamal El-Din attributed the record increase in revenues to the solutions the zone provides for integrating supply chains despite the geopolitical tensions and regional instability of the past few years.

Similarly, the Suez Canal saw a 23 percent increase in dollar revenues in the 2025/2026 fiscal year, to $4.67 billion, as more vessels returned to the canal after months of regional disruptions that forced major shipping companies to prefer the Cape of Good Hope as an alternative route.

During the first half of the 2025/2026 fiscal year, the canal reported an 18.5 percent rise in revenue, with the final quarter of 2025 seeing a further 24.5 percent increase.

The Canal transit receipts also increased by 22.1 percent, to $3.2 billion, during the first nine months of FY2025/2026, supported by increases in net tonnage and the number of transiting vessels.

Port revenues accounted for 81 percent of total revenues in FY 2025/2026, dropping from 92 percent in the fiscal year before.

This indicates a shift in the SCZone’s revenue structure through diversification of revenue streams, with contributions from other activities and industrial zones, excluding ports, rising to make up 19 percent of total revenues in FY 2025/2026, compared to a previous average of 8 percent.

Furthermore, the zone has grown sixfold in revenues over the past ten years of operation, up from the EGP 2.8 billion recorded in FY 2016/2017.

The volume of cargo handled, both containerized and uncontained, reached 108.7 million tons in FY 2025/2026, compared to 51.2 million tons in FY 2016/2017, due to recent port developments, expansion of berths, terminals, and handling capacity, and an improvement in operational efficiency.

Egypt has also attracted major international port operators as it aims to establish the zone as a global investment destination to increase exports through partnerships with local and foreign private-sector companies

The country has recently selected a developer for the Russian Industrial Zone in the SCZone. The selection coincides with Russia's plans to launch operations in the zone and expand bilateral investment and trade cooperation, with projected investments of $7 billion.

The zone is expected to add between $3 billion and $5 billion annually to Egypt's GDP over the medium term if its industrial and logistics activities grow by 10 to 12 percent annually.

During FY 2025/2026, the zone attracted 117 new contracted projects with investments worth $7.26 billion across its industrial zones. Upon completion, these projects, expected to be established over a total area of 8.7 million square metres, are expected to create around 73,500 direct job opportunities.

From March to April 2026, the zone secured $1.8 billion in investments alone.

According to Gamal El-Din, in the approximately four years leading to May 2026, investments reached $16 billion. The same period saw the allocation of approximately 21.3 million square metres of land for investments in the industrial zones, as well as the establishment of 398 projects across investment zones and 14 projects in seaports.

These projects, Gamal El-Din added, were established with approximately $16.4 billion in investments. They are expected to generate over 145,000 direct job opportunities upon completion.

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