INVESTMENT WATCH- New Aswan SEZ receives 48 investor requests worth USD 60 mn: The planned special economic zone (SEZ) in New Aswan has attracted 48 investor requests to develop USD 60 mn-worth of industrial land, according to an Investment Ministry statement (pdf). The early requests are expected to cover 44.6% of the 187-feddan zone’s investment plan, which involves dedicating the customs-exempt SEZ to fish processing, agriculture, agrifood, tech, and jewelry-making projects. The zone will be primarily export-oriented, with good destined to Sudan and other neighboring Nile Basin states. The cabinetlast week approved the SEZ, which is expected to attract USD 2.3 bn in private investment. The zone will host around 160 private sector projects, creating as many as 15k jobs.

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