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Gamal El-Din meets Dutch delegation to explore investment cooperation

Businessmen Team news 16 October 2025 05:50 PM
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Gamal El-Din meets Dutch delegation to explore investment cooperation

Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), received today at the Authority's headquarters in Ain Sokhna a high-level delegation from major Dutch companies operating in the fields of ports, infrastructure, energy, and water. The delegation included representatives from Boskalis, Van Oord, Fugro, Ballast Nedam, and Aqua4all, along with officials from the Embassy of the Kingdom of the Netherlands in Cairo.

The meeting came as part of efforts to explore future cooperation opportunities and strengthen investment partnerships in areas of mutual interest between the two sides.

Gamal El-Din welcomed the Dutch delegation and emphasized that the visit reflects the growing interest of the Dutch business community in the investment opportunities available within the Suez Canal Economic Zone. He said that the zone’s unique strategic location links the Red Sea and the Mediterranean, which makes it a key hub for global trade.

He explained that the economic zone provides an integrated model that combines ports and industrial areas, creating an advanced platform for industry, logistics, and energy. He affirmed the Authority’s commitment to working with international partners to apply the latest sustainable solutions in port development, infrastructure, energy and water management, and manufacturing. He added that these efforts support Egypt’s transition towards a green economy.

The chairman noted that the Suez Canal Economic Zone has strong infrastructure and comprehensive service facilities. He said the one-stop shop system facilitates establishment and operation procedures for investors and provides a package of competitive investment incentives. He added that the Authority continues to enhance the readiness and operational efficiency of its ports while implementing green fuel and hydrogen projects in cooperation with major international companies. These efforts aim to strengthen the zone’s position as a leading destination for industrial and logistics investment in the region.

The Dutch delegation later toured the Ain Sokhna Industrial Zone. The visit included a stop at the Egyptian Basic Industries Corporation (EBIC) factory and Sokhna Port, where the delegation reviewed the latest development and expansion works currently underway.