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Gamal El-Din highlights investment opportunities to American companies

Businessmen Team news 02 December 2025 08:42 PM
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Gamal El-Din highlights investment opportunities to American companies

Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone Authority (SCZone), began his first promotional tour in the United States with a series of meetings in New York City with representatives of leading American companies, the financial capital of the United States.

The tour aims to build bridges of partnership and cooperation between SCZone and the American business community, and to showcase the investment opportunities available within the authority. These opportunities span 21 industrial, logistics, and service sectors targeted for localization within the ports and industrial areas of the zone, reflecting the strong economic ties between Egypt and the United States and the promising prospects for joint investment.

The first day of meetings was attended by Captain Mohamed Ibrahim, SCZone Assistant Chairman; Nader Kamel, Director General of Investment and Promotion; and Commercial Counsellor Yahya Al-Wathiq Billah, Head of the Egyptian Commercial and Economic Office in Washington.

The first stop of the tour included a meeting with executives from Becton Dickinson (BD), one of the world’s largest medical device and supplies manufacturers. Discussions focused on potential cooperation to establish specialized factories within the zone, supporting the localization of medical device production, advancing Egypt’s healthcare sector, and meeting regional market demands. The zone’s strategic location as a gateway for exports to Africa and Europe was highlighted as a key advantage.

Gamal El-Din also met with Omar Boraie, CEO of Boraie Development, a leading U.S.-based urban development company. They discussed opportunities for joint projects in service and logistics facilities within the zone, enhancing infrastructure integration to support industrial investments. SCZone’s strategy aims to create integrated communities that include industrial and residential facilities, workforce training centers, and other essential amenities.

As part of showcasing the zone’s competitive advantages and the investment incentives Egypt offers, particularly in clean energy and advanced industries, Gamal El-Din participated in a roundtable hosted by DLA Piper, one of the largest U.S. law firms. Attended by a select group of American business leaders, the session emphasized that SCZone offers an ideal platform for U.S. companies seeking manufacturing and export hubs connecting three continents, supported by Free Trade Agreements (FTAs). This, in turn, strengthens economic cooperation between the two countries and supports global supply chains.

The Chairman also met with Lava, specializing in small-scale packaging solutions, QR code security, and digital document technologies, exploring opportunities to localize these solutions within the zone.

Gamal El-Din held talks with Climatic Co., a developer and financier of solar and wind energy projects, to discuss collaboration on renewable energy initiatives within SCZone. This aligns with Egypt’s ambition to become a global hub for clean energy and achieve regional and international energy integration to meet growing sector demands, which are central to all industrial activities.

Further meetings included Duffy Capital Partners, a firm specializing in sustainability, waste management, and private equity solutions, to explore investment opportunities in recycling and circular economy projects. He also met Gator Greenberg from GKG Capital, which invests in diverse logistics solutions, expressing interest in collaboration with SCZone.

Additionally, Gamal El-Din met with Civic Innocent, General Partner of Frankenbuild Ventures, an investor in deep technologies and innovative solutions, particularly in the blue economy. Discussions focused on supporting startups in advanced industrial technologies and promoting development and technology transfer across SCZone projects.

This promotional tour forms part of SCZone’s strategy to attract foreign direct investment, localize advanced industries, and promote Egypt’s sustainable development and global economic integration.