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Egypt keen on attracting more FDI into Suez Canal Economic Zone: Prez

18 Nov '25

1 min read

Egypt keen on attracting more FDI into Suez Canal Economic Zone: Prez

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Calling for accelerated development of ports and logistics infrastructure, President Ab del Fattah Al-Sisi has said Egypt is keen on attracting more foreign investment into the Suez Canal Economic Zone.
He was speaking at the inauguration of new marine terminals at East Port Said.
Keith Svendsen, deputy CEO of A.P. Moller-Maersk, announced Maersk's intention to expand its investments in the country.

Calling for accelerated development of Egypt’s ports and logistics infrastructure, President Ab del Fattah Al-Sisi recently said the country is keen on attracting more foreign investment into the Suez Canal Economic Zone (SCZONE).

Speaking at the inauguration of several new marine terminals at East Port Said, Al-Sisi assured all necessary facilities to support investors.

Keith Svendsen, deputy chief executive officer (CEO) of A.P. Moller-Maersk and CEO of APM Terminals, announced Maersk’s intention to expand its investments in the country, according to domestic media reports.

The zone attracted $11.6 billion in investments and generated more than 136,000 direct jobs between 2016 and 2025.

Egypt has upgraded 14 ports and built five new ones as part of a national strategy to transform the country into a regional logistics and transit-trade hub.

Al-Sisi reiterated the need for faster project delivery, promising state incentives to current and prospective investors.

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