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2026-11-05T10:50:24.000Z

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Suez Zone CDB Cooperation

Suez Zone CDB Cooperation

Mustafa Sheikhon, head of the General Authority for the Suez Canal Economic Zone, discussed with a China Development Bank delegation led by Huang Jixiang ways to strengthen cooperation on investment projects and the development of infrastructure and utilities. Sheikhon outlined the zone’s potential and its trade agreements, which provide access to markets of more than 3.5 billion consumers, as well as its plans to localize industry and logistics services across 21 sectors. The bank expressed its readiness to promote the authority’s projects to its Chinese clients, as well as provide financing, technical advice, and economic studies.

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