Home / news / Suez Canal Authority cooperates with China CSTC to develop shipyards

Suez Canal Authority cooperates with China CSTC to develop shipyards

Businessmen Team news 27 September 2025 06:06 PM
Share Article:
Suez Canal Authority cooperates with China CSTC to develop shipyards

In implementation of directives from President Abdel Fattah El-Sisi to maximize the utilization of assets and localize maritime industries, Admiral Osama Rabie, Chairman of the Suez Canal Authority (SCA), met with Zhang Jinming, Vice President of CSTC (China Shipbuilding Trading Co.), a subsidiary of the China State Shipbuilding Corporation (CSSC) group—one of the world's leading maritime industry companies. The meeting explored joint cooperation to develop the SCA's shipyards and affiliated companies.

The meeting, held at the SCA headquarters in Cairo, included officials from CSTC for Egypt and Africa, as well as several SCA leaders. Discussions focused on proposed areas of cooperation to upgrade the SCA’s shipyards and companies using the latest global technology.

Admiral Rabie opened the meeting by affirming the SCA's serious efforts to localize the maritime industry in all its fields and restore the leadership of its shipyards and companies. He noted this would be achieved through partnerships with major international shipyards to facilitate the transfer of advanced technology and expertise. This initiative aims to enhance technical capabilities, including equipment, infrastructure, and facilities, in addition to providing advanced training programs to develop human capital, both administratively and technically.

The SCA Chairman highlighted that the Suez Canal possesses a vast industrial base that includes several shipyards and companies specializing in the construction and maintenance of various marine units. He stressed that its prime geographical location, coupled with its technical and human resources, qualifies it to meet local market demands and compete regionally in the near future.

The Vice President of CSTC, a CSSC subsidiary, expressed his eagerness for joint cooperation with the SCA, viewing it as a new pillar for strengthening the strategic relationship between China and Egypt. He emphasized that partnering with the Chinese group offers promising opportunities to enhance the operational and managerial efficiency of the SCA's shipyards. This would be achieved by leveraging CSSC's integrated solutions and cumulative experience in maritime-related fields such as training, mechanization, technical consulting, and providing necessary supplies and spare parts for the industry.

Admiral Rabie concluded the meeting by directing the immediate start of preparations for a comprehensive development study following the exchange of information. He also called for field visits to the SCA's shipyards and companies to determine the optimal development strategy based on market needs.

CSSC is ranked as one of the largest global entities in maritime industries, with 47 affiliated institutions, including shipyards, research centers, and consultancy offices. Its scope of work extends across 150 countries on five continents.