{"id":655743,"date":"2024-11-24T00:00:00","date_gmt":"2024-11-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/24\/sczone-signs-land-agreement-with-orascom-industrial-parks-for-egp-13-bn-complex\/"},"modified":"2024-11-24T00:00:00","modified_gmt":"2024-11-24T00:00:00","slug":"sczone-signs-land-agreement-with-orascom-industrial-parks-for-egp-13-bn-complex","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/24\/sczone-signs-land-agreement-with-orascom-industrial-parks-for-egp-13-bn-complex\/","title":{"rendered":"SCZone signs land agreement with Orascom Industrial Parks for EGP 13 bn complex"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Orascom Industrial Parks\u2019 planned Sokhna industrial complex is one step <\/strong><strong>closer to kicking off construction: <\/strong>The Suez Canal Economic Zone (SCZone) signed a land usufruct agreement with Orascom Construction subsidiary Orascom Industrial Parks for its already announced EGP 13 bn integrated industrial complex planned for the Sokhna Industrial Zone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0WGUrMcEGCZBKDG7bVmy6s9yfv5nQAhB6b31v8TddWju9JH5U6YgYb3nbxosSTEcTl\" style=\"\" rel=\"noopener\">statement<\/a> from the authority. Orascom will develop, market, and manage the zone under a revenue-sharing mechanism with the authority.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details about the project have come to light: <\/strong>The multi EGP bn project will cover a 3.3 sq km area and create over 30k jobs. The complex will target heavy and medium industries, in addition to plug and play facilities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We first heard about the project in March<\/strong>, when the SCZone <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ce89f5d7-083f-4cb7-9cbc-8fe5c1249f18\/sczone-greenlights-new%253cmark%253e-industrial%253c%2Fmark%253e-projects\" style=\"\" rel=\"noopener\">greenlit<\/a> the project alongside several other projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The multi EGP bn project will cover a  3.3 sq km area and create over 30k jobs<\/p>\n","protected":false},"author":1,"featured_media":655744,"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":[7255],"tags":[72,131,8499,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-655743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","tag-orascom-industrial-parks","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"8814dde8-ba0a-4075-a75e-1d61ee89a486","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2175.jpg","photo_position":"above","homepage_title":"","full_issue_title":"SCZone signs land agreement with Orascom Industrial Parks for EGP 13 bn complex","related_issue":[655732],"teaser":"The multi EGP bn project will cover a  3.3 sq km area and create over 30k jobs","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.566f145b-4102-4298-a31b-df47c52b0495.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SCZone signs land agreement with Orascom Industrial Parks for EGP 13 bn complex - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/24\/sczone-signs-land-agreement-with-orascom-industrial-parks-for-egp-13-bn-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1047.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587340,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/25\/orascom-construction-metito-to-build-usd-2-4-bn-desalination-plant-in-abu-dhabi-plus-standard-chartered-eyes-egypt-fx-crisis-hits-arab-alloys-industrial-complex\/","url_meta":{"origin":655743,"position":4},"title":"Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex","author":"enterpriseam admin","date":"25 May 2023","format":false,"excerpt":"The project will process more than 500k cbm of seawater per day","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\/2023\/5\/1392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655670,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/21\/icc-issues-arrest-warrants-for-netanyahu-and-gallant\/","url_meta":{"origin":655743,"position":5},"title":"ICC issues arrest warrants for Netanyahu and Gallant","author":"enterpriseam admin","date":"21 November 2024","format":false,"excerpt":"Good afternoon all of you wonderful people, and welcome to the weekend. Read on for all the news, views, and reviews to get your Thursday night started off right.THE BIG STORY TODAY SCZone and Orascom Industrial Parks ink land agreement for a EGP 13 bn industrial complex: The Suez Canal\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"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\/655743","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=655743"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/655743\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/655732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/655744"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=655743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=655743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=655743"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=655743"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=655743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}