Arab Finance: The Suez Canal Economic Zone (SCZone) has penned a memorandum of understanding (MoU) with Abu Dhabi Ports (AD Ports Group) to establish an integrated industrial zone in East Port Said, as per a statement.
Spanning approximately 20 square kilometers, the zone will operate under a usufruct system and focus on industries such as renewable energy and technological products.
Under the MoU, AD Ports will contribute to developing the infrastructure of the industrial zone, creating an attractive environment for investors, and fostering economic growth in Egypt.
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