Egyptian Prime Minister Mostafa Madbouly inaugurated a new logistics park operated by Dubai-based port operator DP World in the Sokhna Industrial Zone on Sunday, Oct. 26.
The facility, supervised by the Suez Canal Economic Zone Authority (SCZONE), is aimed at strengthening Egypt’s role as a regional logistics hub.
Covering 300,000 square meters, the park represents an $85 million investment and includes a customs warehouse for containers and a bonded warehouse under duty and tax suspension. Its location near Sokhna Port, Suez and the New Administrative Capital is seen as a key logistics advantage, helping integrate port and industrial operations.
The park is designed to support sectors such as agribusiness, electronics, construction materials, textiles and automotive manufacturing, including electric vehicles. The project supports SCZONE’s plan to turn Sokhna into a leading industrial hub that attracts foreign investment and modernizes regional supply chains.
Egyptian authorities said the Suez Canal Economic Zone drew $8.3 billion in investment across 272 projects from the 2022/23 fiscal year through March 2025. Officials said the investment surge highlights the zone’s growing momentum, supported by a better business climate and major infrastructure upgrades.
Henoc Dossa
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