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SCZONE hosts Chinese delegation from Zhejiang Province

Businessmen Team economy 05 August 2025 11:42 AM
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SCZONE  hosts Chinese delegation from Zhejiang Province

Walid Gamal El-Din, chairman of the Suez Canal Economic Zone (SCZONE), met with an official delegation from China's Zhejiang Federation of Industry and Commerce (ZFIC) on Monday to discuss attracting more investment.

The delegation, led by ZFIC Vice Chairman Jin Minxiang, included government officials and representatives from leading Zhejiang companies in the construction, logistics, metallurgy, investment and financial sectors.

Gamal El-Din presented the SCZONE as a potential global logistics hub, noting its six ports on the Mediterranean and Red seas and four industrial zones. He highlighted its strategy to expand into 21 sectors and its trade agreements that provide access to global markets.

He also expressed his desire to attract more Chinese investment, citing a successful promotional tour in China last month that resulted in six new projects in the textile and ready-made garments sector. Several other projects are anticipated in the near future, he added.