Monday, 25 May 2026
Source: The General Authority for the Suez Canal Economic Zone (SCZONE)
Suez Canal Economic Zone launches international roadshow in China to attract new investment
Shenzhen, China — The General Authority for the Suez Canal Economic Zone (SCZONE) has kicked off its first international promotional tour for the fiscal year 2025–2026 with a high-level delegation visit to China. The campaign aims to highlight investment opportunities within the Suez Canal Economic Zone, focusing on key sectors such as textiles, automotive (including electric vehicles), ports, and logistics.
Led by Chairman Walid Gamal El-Din, the SCZONE delegation visited major Chinese institutions and corporations in Shenzhen, Guangdong Province. The itinerary included meetings with Crystal International Group, a global textile giant, the Qianhai Shenzhen Special Economic Zone Authority, Yantian International Container Terminal, and electric vehicle manufacturer BYD.
Key engagements and potential investments
- During talks with Crystal International Group, opportunities were discussed for establishing a new textile facility in Egypt’s Qantara West industrial zone. The project, expected to cost between $250–300 million, could generate as many as 35,000 jobs. The new plant would benefit from SCZONE’s unique offering of integrated industrial and port facilities, attractive investment incentives, and unparalleled access to international markets.
- At Qianhai, the SCZONE chair participated in an industry conference, presenting the full range of competitive advantages the zone offers—including tax incentives, world-class infrastructure, skilled labor, and affordable energy. Egyptian and Chinese officials stressed the deep strategic relationship between the two countries and expressed commitment to expanding economic cooperation.
- The delegation also toured the Yantian International Container Terminal, operated by Hutchison, which is also managing a major new port terminal in Egypt’s Ain Sokhna. The upcoming Ain Sokhna terminal, set to open soon, represents a $250 million investment in the Suez Canal zone.
Electric vehicle and green industry cooperation
The visit concluded with a strategic meeting at the headquarters of BYD, a global leader in electric vehicles and green technologies. Discussions focused on the potential for BYD to operate within the Suez Canal Economic Zone as a production and export base for Africa and the Middle East. Chairman Walid Gamal El-Din emphasized the zone’s unique strategic location and the opportunity to develop regional manufacturing for electric vehicles, batteries, and solar technologies.
Strengthening international partnerships
“We look forward to deepening our successful partnership with leading Chinese companies, particularly in textiles, electric vehicles, ports, and logistics,” said Walid Gamal El-Din.
SCZONE’s international roadshow underscores Egypt’s drive to create a competitive, globally connected investment climate, leveraging its pivotal geographic position and a spirit of open collaboration with international industry leaders.