Indian firms looking to invest in Suez Canal Economic Zone: Mamish

A bunch of Indian firms are keen on establishing new projects in Suez Canal Economic Zone (SCZone), Egyptian Suez Canal Authority’s (SCA) chairman Mohab Mamish said on Sunday.

Mamish made these remarks after receiving a high-level delegation of ambassadors from Singapore, Malaysia, Cambodia, Vietnam, Myanmar, Brunei, Indonesia, Philippines, and Thailand.

“A number of Asian countries visited Ismailia as a result of their interest to study more investment opportunities in SCZone’s projects and exchange experiences between Egypt and South East Asia, especially in major national projects,” he said.

“The delegation seeks to study investment opportunities in SCZone and exchange experiences between Egypt and South East Asian countries, especially in major national projects,” he said.

Mamish referred that SCZone is looking to cooperate with all South East Asian countries in national projects in the zone, and accordingly attract more Asian firms.