Exports from Egypt’s customs-exempt SEZs reach USD 6 bn in 4M2019: The country’s customs-exempt special economic zones (SEZs) exported USD 6 bn-worth of products in the first four months of the year, according to an Investment Ministry statement. Projects in the zones reached 1,095 with capital of USD 12.5 bn, in addition to USD 2.15 bn of foreign direct investment, and an investment cost of USD 26.3 bn. The government is currently working on setting up seven new zones in Minya, South Sinai, New Ismailia, Giza, Dakahlia, Aswan and Kafr El Sheikh, which are expected to house over 1,000 projects and create some 120k jobs.

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