Mohammed al-Hammamani, an advisor and official spokesperson for the Council of Ministers, stated that the Suez Economic Zone has achieved strong results over the past three years. By last July, it had successfully attracted investments approaching $13 billion through approximately 380 investment projects. Al-Hammamani, in his television remarks, indicated that the economic zone is focusing on attracting investments in the fields of new and renewable energy. He clarified that the zone recorded a financial surplus of 200% during the period from July to October last year, compared to the same period in the previous year, reflecting a significant improvement in financial and operational performance.
Suez Economic Zone Attracts $13 Billion in Investments
Over the past three years, Egypt's Suez Economic Zone has attracted $13 billion through 380 projects. The financial surplus grew by 200%, indicating success in attracting investments in renewable energy.