SCZone eyes building automotive zone in Suez Canal economic zone

Egypt’s General Authority for Suez Canal Economic Zone- SCZone targets establishing trade zone in Suez Canal region for automotives firms within the upcoming period.

SCZone Chairman Ahmed Darwish added that the trade zone is set to be built on an area ranging between 100,000-200,000 meteres.

The authority pays a great attention for establishing a port for manufacturing automotives in Suez Canal economic zone, the chairperson pointedout.

He made these remarks during the Third Annual Summit for Automotive Industry- Egypt Automotive 2016 that takes place on December 13, 2016.

Darwish clarified that SCZone is currently in direct talks with largest global auto firms to encourage them on investing in the economic zone through removing all obstacles and challenges facing them.