{"id":664323,"date":"2025-04-28T00:00:00","date_gmt":"2025-04-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/"},"modified":"2025-04-28T00:00:00","modified_gmt":"2025-04-28T00:00:00","slug":"massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/","title":{"rendered":"Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna"},"content":{"rendered":"

Local manufacturer Massoud Steel signed a contract to build a EGP 965 <\/strong>mn metal packaging factory in the Sokhna Industrial Zone<\/strong>, according to a statement<\/a> from the Suez Canal Economic Zone (SCZone). The project is expected to create around 130 direct jobs and kick off operations in 1Q 2026.<\/p>\n

The project is the first dedicated metal packaging and tinplate printing project within the<\/strong> SCZone.<\/strong> After initially focusing on the local market needs, the project will begin ramping up exports over time, which SCZone head Walid Gamal El Din said will be helped by the zone\u2019s exemptions, support program, and infrastructure for exports.<\/p>\n

DATA POINT- The SCZone signed USD 8.3 bn worth of actual investment contracts <\/strong>across 272 projects between July 2022 and March 2025<\/strong>, Walid El Din said in a separate statement<\/a>. The projects \u2014 including 262 industrial, services, and logistics developments and 10 port projects \u2014 are expected to create over 40k jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility will start operations in 1Q 2026<\/p>\n","protected":false},"author":1,"featured_media":664324,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[72,125,131,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-664323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"ebd837ad-993c-4c9a-b8b1-a5e869761a20","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1696.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Massoud Steel to build EGP 965 mn metal packaging plant in Egypt\u2019s Ain Sokhna","related_issue":[664313],"teaser":"The facility will start operations in 1Q 2026","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.a67eabd0-1be3-4937-821c-8e72bb490b5c.mp3"},"yoast_head":"\nMassoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna - 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\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna\" \/>\n<meta property=\"og:description\" content=\"The facility will start operations in 1Q 2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1696.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna\",\"datePublished\":\"2025-04-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\"},\"wordCount\":156,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1696.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Manufacturing\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/massoud-steel-to-build-egp-965-mn-metal-packaging-plant-in-ain-sokhna\/\",\"name\":\"Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna - 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PLUS: Danone to invest here this year.","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"This is the latest in a string of Chinese investment in Egypt\u2019s manufacturing and infrastructure sectors","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/407.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588373,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/sczone-grants-approval-for-new-industrial-projects\/","url_meta":{"origin":664323,"position":1},"title":"SCZone grants approval for new industrial projects","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"Five projects get the greenlight","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/457.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595881,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/","url_meta":{"origin":664323,"position":2},"title":"Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV","author":"enterpriseam admin","date":"8 August 2019","format":false,"excerpt":"The Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) have reached a final agreement with DP World on setting up a joint venture to develop 45 sqm in Ain Sokhna, SCA boss Mohab Mamish said at a press conference. The JV will be 49% owned by the\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548744,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/sczone-dp-world-sokhna-partner-up-for-new-logistics-service-zone\/","url_meta":{"origin":664323,"position":3},"title":"SCZone, DP World Sokhna partner up for new logistics service zone","author":"enterpriseam admin","date":"21 August 2022","format":false,"excerpt":"A new logistics zone in Sokhna: The Suez Canal Economic Zone\u2019s (SCZone) Main Development Company (MDC) and DP World Sokhna have signed an agreement to build a USD 80 mn logistics zone at Sokhna Port, a statementby the SCZone read.The details: Construction on the first phase of the zone will\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555908,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/03\/another-petchem-complex-in-the-sczone\/","url_meta":{"origin":664323,"position":4},"title":"Another petchem complex in the SCZone","author":"enterpriseam admin","date":"3 October 2021","format":false,"excerpt":"Anchorage Investments is looking to build a USD 2.5 bn petrochemical complex in the Suez Canal Economic Zone (SCZone), according to a company statement (pdf). The company will produce a range of petrochemical products and natural gas derivatives, including propylene and polypropylene, and will look to gradually increase the number\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/27.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594554,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/china-to-invest-egp-110-mn-in-sczone-training-center\/","url_meta":{"origin":664323,"position":5},"title":"China to invest EGP 110 mn in SCZone training center","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"China to invest EGP 110 mn in SCZone training center: China will invest CNY 45 mn (c.EGP 110 mn) in building a professional and technical training center for workers in the Suez Canal Economic Zone (SCZone), according to a statement. SCZone President Yehia Zaki and Chinese Minister Counselor for Commercial\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"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\/664323","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=664323"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664323\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/664313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/664324"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=664323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=664323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=664323"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=664323"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=664323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}