The Chairman of the Board of Directors of the General Authority for the Economic Zone of the Suez Canal, Walid Gamal El-Din, said that the efforts to promote the authority’s projects resulted in the conclusion of new contracts in the ports, the most important of which are contracts to establish 6 silos to store cement with a storage capacity of 75 thousand tons, and to establish the second container terminal in East Port Said Port.
Gamal El-Din added, according to a statement by the Egyptian Cabinet, today, Monday, that a multi-purpose station will be established in East Port Said port, in addition to establishing a logistical area on an area of 400,000 square meters in East Port Said.
During the cabinet meeting, the authority’s chairman reviewed the progress of work on a number of ongoing projects, including those related to the development of the Adabiya port, which includes raising the efficiency and development of the port, and implementing its fire network.
The head of the authority referred to the development work of Al-Tor port, which includes the implementation of administrative and residential buildings in it, as well as the work of developing industrial zone projects in Qantara West, on an area of about 19.513 million square meters, and is currently witnessing the completion of the implementation of infrastructure and industrial facilities.
He pointed out that the development work for the projects of the Technology Valley area, east of Ismailia, has an area of about 71 million square meters, and the implementation of the infrastructure and industrial facilities is currently being completed in it as well.
Jamal El-Din continued: “Recently, 81 companies were attracted in 10 sectors that were marketed according to the authority’s strategy, most notably: tire and battery manufacturing, medical and pharmaceutical supplies, agricultural and food processing, electronics, edible oil extraction, logistics and ship supply.”
He added that these efforts succeeded in completing the digital infrastructure of the region, by contracting with a global logistical operator to establish an integrated logistics center in the region as a partner in the digitization of logistics services, and the completion of the first phase of the integrated system for managing services provided to investors through the one-stop shop, and coordination is also underway to update Interactive systems with investors.