{"id":583649,"date":"2023-03-19T00:00:00","date_gmt":"2023-03-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/four-companies-open-new-logistics-zones-factories-in-sczone\/"},"modified":"2023-03-19T00:00:00","modified_gmt":"2023-03-19T00:00:00","slug":"four-companies-open-new-logistics-zones-factories-in-sczone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/four-companies-open-new-logistics-zones-factories-in-sczone\/","title":{"rendered":"Four companies open new logistics zones, factories in SCZone"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">New logistics zones, factories in the SCZone:<\/span><span style=\"\"> Mercedes-Benz, local shipping fi<\/span><span style=\"\">rm<\/span><span style=\"\">Kadmar and two Chinese companies inaugurated new logistics zones and factories in the Suez Canal Economic Zone on Thursday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#1-<\/span><span style=\"font-weight:700\"> New Mercedes hub to handle 12k cars annually: <\/span><span style=\"\">Mercedes-Benz<\/span><span style=\"\"> opened a new EGP 35 <\/span><span>mn logistics zone in the SCZone to serve as a warehouse and a distribution platform for cars and spare parts, cabinet said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3LyjGta\" style=\"\">a statement<\/a><\/span><span style=\"font-weight:400;\">. The facility can handle up to 12k cars annually.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- An expanded Chinese fiberglass plant: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jushi.com\/en\" style=\"\">Jushi Group<\/a><\/span><span style=\"\"> inaugurated a new USD 320 mn <\/span><span>production line at its factory in China\u2019s TEDA trade zone, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/40d3yC9\" style=\"\">cabinet said<\/a><\/span><span style=\"font-weight:400;\"> in another statement. The line has an expected output of 200k tons annually, and increases total investments in the factory to USD 920 mn. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#3- And a new Chinese textiles factory: <\/span><span style=\"\">The Egypt Fanyang Textile Company \u2014 also located in <\/span><span>the TEDA zone \u2014 inaugurated a USD <\/span><span>60 mn factory, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/42oujoE\" style=\"\">cabinet said<\/a><\/span><span>. The facility is specialized in producing fabrics for clothing, blankets and home furniture, and is expected to produce 30k tons of <\/span><span>fiberglass <\/span><span>annually,<\/span><span> generating revenues worth USD 150 mn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#4- Kadmar opens logistics zone: <\/span><span style=\"\">Private-sector shipping company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/kadmar.com\/\" style=\"\">Kadmar<\/a><\/span><span style=\"\"> has opened a <\/span><span>USD 20 mn logistics zone that will handle shipping containers, store goods and prepare products for export, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3ZY74A4\" style=\"\">a separate statement<\/a><\/span><span style=\"font-weight:400;\">. Plans to expand the facility are expected to increase its cost to USD 35 mn.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mercedes-Benz, Egypt Fanyang, Kadmar Shipping, Jushi Group, inaugurate new projects at SCZone<\/p>\n","protected":false},"author":1,"featured_media":583650,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[144,6788,72,7111,6790,6789,145,131,3526,416,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-automotive","tag-egypt-fanyang-textile-company","tag-enterpriseam","tag-infrastructure","tag-jushi-group","tag-kadmar","tag-logistics","tag-manufacturing","tag-mercedes-benz","tag-suez-canal-economic-zone","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"a6de16e3-39c8-4199-baa5-c4809f3df120","is_powered_by":false,"section_story_id":"4018d1e3-d7ae-4b4e-8c85-93420e44e487","story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/Mercedes-Suez-Canal-Economic-Zone-1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Logistics zones, factories opened in Egypt\u2019s Suez Canal Economic Zone","related_issue":[583638],"teaser":"Mercedes-Benz, Egypt Fanyang, Kadmar Shipping, Jushi Group, inaugurate new projects at SCZone","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.9448be92-7dfc-4cbd-8821-bc96e56ef7d2.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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SCZone Chairman Mohab Mamish had announced last month that Mercedes-Benz will be\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637734,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/mamish-insists-it-is-a-matter-of-time-before-mercedes-benz-starts-operating-in-egypt\/","url_meta":{"origin":583649,"position":1},"title":"Mamish insists it is a matter of time before Mercedes-Benz starts operating in Egypt","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"INVESTMENT WATCH- Suez Canal Economic Zone (SCZone) Chairman Mohab Mamish is still saying that Mercedes-Benz had approved establishing a regional logistics and distribution hub in the zone. 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The automaker, which suspended assembly in Egypt in 2015 as the FX crisis deepened, has apparently agreed to reopen assembly operations in Egypt, Suez Canal Economic Zone (SCZone) Chairman Mohab Mamish announced in a presser on Tuesday to much fanfare. He added that 96,000\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567107,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cabinet-studying-sczone-incentives-package-zaki\/","url_meta":{"origin":583649,"position":3},"title":"Cabinet studying SCZone incentives package -Zaki","author":"enterpriseam admin","date":"13 January 2020","format":false,"excerpt":"Cabinet studying SCZone tax incentives package -Zaki: The cabinet is studying new tax incentives for investors in the Suez Canal Economic Zone (SCZone), zone chairman Yehia Zaki told the local press yesterday. Officials from the SCZone have been studying such incentives for years now after President Abdelfattah El Sisi \u201cagreed\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641224,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/mercedes-benz-agrees-in-principle-to-resume-assembling-in-egypt\/","url_meta":{"origin":583649,"position":4},"title":"Mercedes-Benz \u201cagrees in principle\u201d to resume assembling in Egypt","author":"enterpriseam admin","date":"17 September 2017","format":false,"excerpt":"Mercedes-Benz \u201cagrees in principle\u201d to resume assembling in Egypt? Mercedes-Benz \u201chas agreed in principle\u201d resume car assembly in Egypt, according to a statement by the Suez Canal Development Authority (SCZone) picked up by Al Shorouk. The company decision was taken following a meeting between company representatives and SCZone head Mohab\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563851,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/mercedes-benz-to-set-up-ain-sokhna-logistic-center\/","url_meta":{"origin":583649,"position":5},"title":"Mercedes-Benz to set up Ain Sokhna logistic center","author":"enterpriseam admin","date":"26 July 2021","format":false,"excerpt":"Mercedes-Benz will set up a logistics center in Ain Sokhna under an agreement with the Suez Canal Economic Zone (SCZone), according to a statement. Established within the SCZone, this is a step forward to support the auto industry in the area, SCZone Chairman Yehia Zaki said. The center will include\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/583649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=583649"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/583649\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/583638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/583650"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=583649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=583649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=583649"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=583649"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=583649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}