انطلاق مشروع صناعات غذائية باستثمارات 8 ملايين دولار

Launch of a Food Industries Project with Investments of USD 8 Million

The Suez Canal Economic Zone (SCZONE) has concluded a contract to establish a new food industries project with total investments of approximately USD 8 million. The project will be developed on an area of around 10,000 square meters within the Ain Sokhna Industrial Zone, under the scope of the industrial developer Main Development Company (MDC).

The project is expected to create approximately 450 direct job opportunities, supporting the Economic Zone’s efforts to attract industrial investments and enhance employment opportunities.

Details of the New Food Project in Ain Sokhna

Production is scheduled to commence in early 2027, with an annual production capacity of 18,000 tons of frozen potatoes and vegetables, in addition to producing approximately 73 million ready-made meals annually. The project aims to serve multiple market sectors while also exporting to regional markets, in line with the SCZONE’s strategy to promote value-added food industries with strong export capabilities.

The project will include:

1. Supplying products to the aviation, hotel, hospital, and industrial sectors

2. Supporting humanitarian relief efforts through the provision of ready-made meals

3. Expanding exports to regional markets

The project comes as part of the activation of the initiative to expand the activities of industrial companies with export capabilities within the Suez Canal Economic Zone, in coordination with the Administrative Control Authority, reflecting the state’s direction toward supporting exports and deepening local manufacturing.

SCZONE Targets Industrial Localization and Sustainable Growth

The Suez Canal Economic Zone aims to:

1. Localize 21 sectors, including industrial, service, and logistics activities

2. Enhance integration between industrial activities and supply chains

3. Support sustainable economic development, according to statements by the Chairman of the SCZONE

Suez Canal Economic Zone Strategy to Promote Investment and Comprehensive Development

The Chairman of the Suez Canal Economic Zone stated that the Zone’s strategy focuses on establishing integrated industrial clusters that take into account economic, social, and environmental dimensions. He explained that the high level of readiness of infrastructure and facilities that meet international standards, along with the integration between industrial zones and seaports, has paved the way for the Suez Canal Economic Zone to become a preferred global investment destination.

He also emphasized that the Zone prioritizes:

1. Localizing and deepening manufacturing in targeted sectors

2. Transferring advanced manufacturing technologies

This contributes to boosting Egyptian exports, substituting imports to reduce the import bill, and supporting the state’s comprehensive economic development.

You now have a major opportunity for local manufacturing and export. Contact us today and speak with one of our company’s consultants.