The Suez Canal Economic Zone reported a sharp rise in revenues during the first five months of the current fiscal year, underscoring accelerated growth and a strong inflow of new investments into Egypt’s flagship industrial and logistics hub.
According to official figures reviewed during a board meeting chaired by Walid Gamal El-Din, SCZONE revenues reached EGP 6.25 billion between 1 July and 30 November, representing a 55% increase compared with the same period a year earlier. The outcome also exceeded budget targets by 43%, reflecting stronger-than-expected operating performance.
Officials attributed the revenue growth to the success of the zone’s investment promotion strategy and the improved utilisation of its industrial areas, logistics services, infrastructure, and utilities. The recent start-up of several port terminals and berths also contributed to higher operating income.
The board meeting, attended by senior ministers, governors, and investment officials, highlighted the scale of SCZONE’s current investment pipeline. During the first half of the 2025/26 fiscal year alone, the zone attracted 80 new projects with total investments exceeding $5.1 billion, surpassing the $4.6 billion secured during the entire previous fiscal year.
Over the past three and a half fiscal years, SCZONE has signed 383 contracts with global investors across its ports and industrial zones, representing $14.21 billion in committed investments and creating around 134,300 direct jobs.
Building on this momentum, the board approved 10 new industrial projects with combined investments of $271.1 million, expected to generate more than 14,000 jobs. Nine of the projects—focused on textiles, ready-made garments, and plastic recycling—will be located in the Qantara West industrial zone, while a metal industries project valued at $46 million will be developed in the East Ismailia industrial zone.
The latest figures reinforce SCZONE’s growing role as a key driver of industrial investment, export-oriented manufacturing, and job creation within Egypt’s broader economic strategy.
