Suez Canal Economic Zone (SCZONE)

The Concept

The 455 KM2 zone is governed by the General Authority for the Suez Canal Economic Zone (SCZONE): an autonomous body with executive/regulative powers. SCZONE is entitled to approve decrees, propose additional incentives, as well as the full authority to oversee all areas of operation, staffing, control over budget, funding, developing partnerships and providing business facilitation services.

SCZONE adopts investor-friendly business environment that will be a cornerstone for national development plans. The conducive business environment SCZONE provides, not only supports new businesses, but also supports existing investors to grow & expand, eventually creating job opportunities and boosting economic development.