SCZONE eyes Europe to deepen supply chain links

The Suez Canal Economic Zone (SCZONE) is targeting more European investment to expand its industrial, logistics and maritime activities and strengthen its links with global supply chains. Norway is among the markets being targeted, with investment opportunities covering smart ports, digital systems, green maritime fuels and maritime services.

SCZONE Chairman Moustafa Shaikhon said the zone has attracted investment from companies in more than 30 countries across industrial, logistics and maritime sectors.

The zone has four industrial areas and six seaports, including three on the Red Sea and three on the Mediterranean. Its network supports the movement of goods between manufacturing facilities, ports and international markets, strengthening supply-chain connections around the Suez Canal.

Norwegian companies DNV Egypt and Global Maritime Consultancy Egypt are already operating in Egypt, while further investment opportunities are being explored within SCZONE.

Norwegian Ambassador to Egypt and Libya Erik Husem said Norwegian companies have expertise in “smart ports, digital transformation, green fuels for maritime transport, and maritime industries and services”.

The Norwegian delegation also reviewed infrastructure and logistics developments at the Ain Sokhna Integrated Industrial Zone and Sokhna Port.