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Let'sal Canal Zone: Operational Buildings on Lease
The Suez Canal Economic Zone witnessed the signing of an agreement to develop and establish a ready-built facilities area and industrial model factories for industrial and storage purposes in the West Qantara Industrial Zone. The project involves an investment cost of approximately 2.4 billion Egyptian pounds over an area of about 150,000 square meters. The aim is to provide ready-to-operate industrial and storage units. This initiative is part of the Authority's plan to increase investment opportunities and promote industrial development, especially after the zone successfully attracted 54 projects from 9 countries with estimated investments of around $1.54 billion, creating more than 68,900 jobs. The project emphasizes sustainable growth and supports industrial and storage companies by facilitating an attractive and distinct investment environment, leveraging the strategic geographic location and international trade agreements.
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