CAIRO, Jan 31 (NNN-MENA) – Egypt’s General Authority of the Suez Canal Economic Zone (SCZone), said yesterday that, its net revenues surged to around 5.7 billion Egyptian pounds (nearly 113.5 million U.S. dollars) in the first six months of the current fiscal year 2024-2025, a 32- percent increase from 4.3 billion pounds in the same period of the previous fiscal year.
The fiscal year in Egypt ends in June.
SCZone Chairman, Waleid Gamaleldien said, SCZone, via promotional efforts, succeeded in attracting 66 new projects across different sectors in the past six months.
Established in Aug, 2015, SCZone, covering an area of 461 square km along the banks of the Suez Canal, is home to six ports and four development areas.
SCZone aims to attract domestic and foreign investors, by providing logistic and industrial services, in accordance with international criteria.– NNN-MENA
