Economy Country March 09, 2025

Egypt's Minister Announces Efforts to Upgrade the Suez Canal

Waleed Gamal El-Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, announced the dedicated efforts to enhance and strengthen the infrastructure in the region.


Egypt's Minister Announces Efforts to Upgrade the Suez Canal

Valed Gamal ad-Din, head of the General Administration of the Economic Zone of the Suez Canal, stated that the efforts aimed at attracting investments have borne their first fruits.

He noted that the number of investors wishing to invest their funds in land participation in the Gisha economic zone has increased fourfold.

Gamal ad-Din emphasized that this growth is associated with improved service offerings and also with attractive conditions offered to investors.

"We have achieved good results in attracting investments, and this confirms the attractiveness of the Gisha economic zone for investors. We have created favorable conditions for business development here," said Gamal ad-Din.