Unnamed company to build USD 624 mn pharma plant in Suez Canal Economic Zone: SCZone chief Ahmed Darwish said at a press conference yesterday that a USD 624 mn pharma plant will be built in the zone, a story getting considerable traction in the local press on a slow news day. The former minister provided no additional detail, but had previously said that an American company was interested in the opportunity. All factories to be established in the zone will be geared towards manufacturing, not packaging, Darwish said, adding that the SCZone’s tech cluster is also a promising home for would-be manufacturers of solar panels./

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