Suez Canal Economic Zone (SCZone) head Mohab Mamish signed yesterday three contracts with local and international companies for projects in the zone, Al Mal reports. The projects include a USD 1.8 bn salt production factory, which India’s TCI Sanmar will establish under a three-year usufruct basis, and a EGP 1.6 mn liquid waste station in west Port Said that Life Petrochem will build. Mamish also signed a contract with Sesco Trans to construct a multipurpose terminal in East Port Said for EGP 1.5 bn.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…