Egyptian President Abdel Fattah El-Sisi recently held a significant meeting with several key officials, including Prime Minister Dr. Mostafa Madbouly, Chairman of the General Authority of the Suez Canal Economic Zone Waleid Sami Gamal El-Dien, Chairman of the Armed Forces Financial Affairs Authority Lieutenant General Ahmed El-Shazly, and Head of the Armed Forces Engineering Authority Major General Ahmed Al-Azzazi. The meeting primarily centered around investment activities within the Suez Canal Economic Zone.
During the meeting, the President was briefed on the status of various investment projects and the ongoing efforts to enhance them. These projects include the development of industrial zones in collaboration with major international companies, spanning sectors such as pharmaceuticals, automotive manufacturing, electrical engineering, and green energy. Particularly noteworthy was the successful operation of bunkering a container ship with green methanol at East Port Said Port, marking a significant milestone for Egypt, Africa, and the Middle East.
President El-Sisi underscored the importance of attracting foreign investments to the Suez Canal Economic Zone, especially those contributing to technology transfer, industrial capacity building, and job creation. These efforts align with Egypt’s broader plan to strengthen its position as a regional hub for industry, trade, and logistics, ultimately fostering comprehensive development throughout the country.
The meeting exemplifies Egypt’s commitment to fostering a conducive environment for investment, technology advancement, and sustainable economic growth, emphasizing the nation’s strategic position as a global economic player in the making.
