Arab Finance: Dr. Mostafa Madbouly, Prime Minister, witnessed, at the Council of Ministers headquarters in the New Administrative Capital, the signing ceremony of a memorandum of understanding between the General Authority For the Suez Canal Economic ZoneAnd Abu Dhabi Ports Company PJSC of the Emirates; This is to develop, operate and manage an integrated industrial zone within the East Port Said Industrial Zone affiliated with the Suez Canal Economy, on a total area estimated at about 20 km2 under a usufruct system.
The zone specializes in promising industries such as: (renewable energy and technological products), while studying the possibility of connecting with docks, yards and logistical areas in East Port Said Port, in the presence of Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister, Minister of Industry and Transport, and His Excellency Dr. Sultan Al-Jaber, Minister Industry and advanced technology in the UAE, and Ambassador Maryam Al Kaabi, UAE Ambassador to Egypt.
Under the new agreements, Abu Dhabi Ports Group will participate in developing the infrastructure of this industrial zone, which will contribute to providing an attractive environment for companies and investors and supporting the Egyptian economy.
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