Egypt’s Suez Canal Economic Zone (SCZONE) welcomed on Sunday its first Qatari industrial investment with the signing of a $200 million contract for Qatar’s Al Mana Holding to produce Sustainable Aviation Fuel (SAF) in the Integrated Sokhna Area. The project also includes the establishment of SAF Fly Limited to produce sustainable aviation fuel.
Spanning 100,000 square metres—70,000 in the industrial zone and 30,000 at Sokhna Port—the facility will have an annual production capacity of 200,000 tons. Its output will include Sustainable Aviation Fuel (HVO), BioPropane, and Bio Naphtha, all derived from the refining of used cooking oils.
According to the Cabinet’s statement, Al Mana Holding has secured a long-term supply contract with global energy company Shell to purchase the project’s entire output, with SAF deliveries expected to begin by the end of 2027.
Notably, the project is set to reduce harmful emissions by 50–80 per cent compared with conventional aviation fuels.
Officials highlighted that the SAF project will support Egypt’s export expansion and import substitution strategies, contributing to broader economic development while meeting growing global demand for sustainable aviation fuel.
This milestone underscores Egypt’s growing position as a hub for international investment in renewable energy and sustainable technologies.
Attribution: Amwal Al Ghad English