{"id":73850,"date":"2023-10-02T00:00:00","date_gmt":"2023-10-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/02\/sczone-looks-to-drum-up-investments-in-green-fuels-in-japan-dubai-to-revamp-hessa-street\/"},"modified":"2023-10-02T00:00:00","modified_gmt":"2023-10-02T00:00:00","slug":"sczone-looks-to-drum-up-investments-in-green-fuels-in-japan-dubai-to-revamp-hessa-street","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/02\/sczone-looks-to-drum-up-investments-in-green-fuels-in-japan-dubai-to-revamp-hessa-street\/","title":{"rendered":"SCZone looks to drum up investments in green fuels in Japan + Dubai to revamp Hessa Street"},"content":{"rendered":"

INVESTMENT WATCH- <\/strong><\/p>\n

Suez Canal Economic Zone (SCZone)<\/a><\/strong> showcases <\/strong> renewables + green fuels plans to 24 Japanese companies: <\/strong> SCZone chairman Walid Gamaleldin received a delegation of Japanese companies headed by the Japan External Trade Organization (Jetro)<\/a> for an event showcasing the zone\u2019s avenues for investment in renewables and green fuels, according to a company statement<\/a>. International companies that have signed agreements or MoUs with SCZone on green projects also took part in the event, the statement said.<\/p>\n

INFRASTRUCTURE- <\/strong><\/p>\n

Dubai to revamp Hessa Street: <\/strong>Dubai\u2019s Roads & Transport Authority<\/a>(RTA) has awarded an AED 689 mn contract to develop Hessa Street, which will double the number of lanes on the street from two to four in each direction, according to a press release<\/a>. The scope of the project is set to cover 4.5km and will revamp Hessa Street\u2019s intersections with Sheikh Zayed Road, First Al Khail Street, Al Asayel Street, and Al Khail Road, according to the release. The project will allow Hessa Street to accommodate 8k vehicles per hour and will add a 13.5 km cycling track that will include two bridges.<\/p>\n

SUPPLY CHAIN- <\/strong><\/p>\n

Technology and supply chain service provider <\/strong>Ingram Micro<\/a><\/strong> has inked a new <\/strong> distribution agreement with technology firm <\/strong>Zo<\/a><\/strong>ho<\/a><\/strong> to bring Zoho\u2019s products to Egypt, Qatar, Oman, Morocco, Lebanon, the UAE, and Saudi Arabia, according to a press release<\/a>. The agreement will focus on making accessible its digital collaboration platform Zoho Workplace<\/a>, pipeline-centric CRM for small businesses Zoho<\/a> Bigin<\/a> in the Middle East. <\/p>\n

TRANSPORT- <\/strong><\/p>\n

Egypt + <\/strong> Switzerland look to establish joint economic committee: <\/strong>Director of the Swiss State Secretariat for Economic Affairs Helene Budliger Artieda proposed establishing a joining economic committee between the countries during Artieda\u2019s first visit to Egypt, where she met with CEO of Egypt\u2019s General Authority for Investment and Free Zones Hossam Heiba,according to a statement<\/a>. Artieda pointed to several promising areas of cooperation, including industrial parks, green hydrogen, transportation, and logistics. Heiba also expressed Egypt\u2019s keenness to increase Swiss Investments and transfer Swiss expertise and technology to Egypt, particularly in the transportation sector.<\/p>\n

ALSO WORTH KNOWING- <\/strong><\/p>\n