اليوم السابع
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The House of Representatives’ Industry Committee discussed the Suez Canal Economic Zone’s strategy and its role in localizing industry and attracting investment. The zone covers 455 square kilometers and has 222 operating factories, with another 187 under construction. The head of the authority announced that production of the zone’s first car tire would begin this year, with an annual capacity of about 18 million tires for export. A second factory with a capacity of 24 million tires is also being established. The main challenges identified were a shortage of trained workers and the need to develop infrastructure. The committee recommended reviewing the law and marketing mechanisms, studying how to regulate the entry of products from the zone into the domestic market, and conducting a field visit.
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