ICEC

SCzone revenues from settlements with investors hit EGP 3.4 bln

Head of Egypt’s Suez Canal Authority Mohab Mamish on Wednesday said that revenues from the Suez Canal Economic Zone (SCzone) from settling disputes with investors hit 3.4 billion pounds.

In a released statement, he added that the figure represents 99.8 percent of the total disputes with investors.

The economic zone is adopting now a flexible and positive policy, he said, adding that this has led to settling several problems that were facing investors.

Source: MENA

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