Arab Finance: Walid Gamal El Din, Chairman of the General Authority of the Suez Canal Economic Zone, received a delegation from the European Bank for Reconstruction and Development (EBRD). To discuss aspects of cooperation between the economic zone The Suez Canal and the European Bank for Reconstruction and Development (EBRD) in areas of mutual interest and a review of ongoing efforts to localize the green fuel industry.
The head of the Suez Canal Economic Zone reviewed the most prominent efforts to localize the green hydrogen industry, whether through massive investment in infrastructure and world-class facilities, especially those that serve the green fuel industry, such as water desalination plants, and others.
He also explained the Authority’s vision to be a center for the green fuel industry, through implementation steps on the ground, represented by its adoption of the first green fuel project within the integrated Sokhna region, which is the Egypt Green Hydrogen Project. He also explained the Authority’s efforts to attract more investments in the automobile industry, especially electric industries. Her feeder.
For its part, the delegation of the European Bank for Reconstruction and Development (EBRD) praised the efforts of the Suez Canal Economic Zone, especially in the field of localizing the green fuel industry and attracting investments in various sectors, and expressed its readiness to cooperate in attracting global partnerships and major alliances in the green fuel industry and its complementary industries. They also stressed the continuation of cooperation in The field of digitizing one-stop services to reach international rates for providing services to investors and improving the business environment within the Authority.
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