View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 17, 2022updated 30 Nov 2022 12:48pm

SCZONE announces contracts for East Port Said developments

SCZONE also struck ten final contracts for the production of green fuel.

The Suez Canal Economic Zone (SCZONE) has signed two contracts for a multi-purpose terminal and industrial zone development in East Port Said port.

One contract has been signed between The General Authority for Suez Canal Economic Zone and Roots company to develop an industrial zone at the port.

This contract is within the framework of the integration strategy between the industrial zones and the affiliated ports pursued by SCZONE.

Furthermore, a commitment contract has been signed between the General Authority for the Suez Canal Economic Zone and a consortium of Sky Investment and Reliance Logistics.

This contract has been reached for the design, construction, management, operation and maintenance of a multi-purpose terminal in East Port Said port.

SCZONE chairman Waleid Gamal El-Dein said: “The East Port Said integrated zone is witnessing several development projects in the port and the dry bulk station project for grains, in addition to the vision for industrial development.

“It made the East Port Said Industrial Zone a distinguished location and qualified to be one of the most important hub of heavy industries in Egypt as well as one of the most important commercial hub due to the potential of the port.”

In addition, SCZONE announced ten final contracts for the production of green fuel.

Furthermore, SCZONE reached a $500m concession contract with the Suez Canal Container Terminal (SCCT) for the financing, design, construction, management and operation of the extension of the container handling terminal as a second terminal at Port Said East port.

With a length of 955m and a handling yard of 510,000m², the project will help expand the existing SCCT container terminal at Port Said East port.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology