SCZONE discusses investment, industrial cooperation with Hong Kong’s HKTDC – Dailynewsegypt

Mostafa Sheikhoun, Chairperson of the Suez Canal Economic Zone (SCZONE), met with a Hong Kong Trade Development Council (HKTDC) delegation led by Jackie Cheung, Assistant Executive Director of the Council, to discuss investment opportunities and potential partnerships in SCZONE’s industrial zones.

The delegation also included Daniel Lam, Regional Director for the Middle East and Africa, and Nassif Mahfouz, the Council’s Middle East Director.

Sheikhoun stressed SCZONE’s commitment to strengthening engagement with Hong Kong’s business community and attracting new industrial and investment projects, capitalising on its strategic location, integration of its industrial zones with seaports, advanced infrastructure and investment incentives that facilitate the establishment of projects.

He noted that the diversity of projects being developed across SCZONE’s industrial zones in various sectors reflects their attractiveness to international investors.

Sheikhoun reaffirmed SCZONE’s continued efforts to promote its capabilities and competitive advantages, broaden its investor base and expand international partnerships, supporting industrial localisation and increasing exports to regional and global markets.

For his part, Jackie Cheung expressed interest in deepening ties with SCZONE, explaining that Hong Kong serves as an important platform for connecting companies with global markets and expanding their businesses and overseas investments.

He said the visit aimed to explore investment opportunities with SCZONE and gain a better understanding of its industrial and logistics capabilities.

Cheung also highlighted the potential to expand engagement into new sectors, including electronics and logistics, alongside garments and textiles, supporting the establishment of industrial and commercial partnerships and opening new opportunities for companies in markets across the Middle East, Africa and Europe.

Following the meeting, the delegation toured the Sokhna Industrial Zone, including a visit to industrial developer TEDA Egypt to learn about its activities and the zone’s investment advantages.

The delegation also visited Viva Turf, a company specialising in artificial grass manufacturing, and F-Tex International, which specialises in yarn manufacturing.