Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt to unveil 'national economic development narrative' in June, focused on key economic targets    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    Italy's consumer, business confidence decline in April '25    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's TMG eyes $17bn sales from potential major Iraq project    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Asia-Pacific stocks rise on Wall Street cues    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt expresses condolences to Canada over Vancouver incident    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Health Min. strengthens healthcare ties with Bayer    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's SCZone launches $1.65b Chinese metal complex
Aya El Sayed Published in Amwal Al Ghad on 29 - 04 - 2025

Egypt's General Authority for the Suez Canal Economic Zone (SCZone) witnessed the groundbreaking of the Xin Feng Integrated Complex for Metal Industries in the Sokhna Integrated Zone, a project with total investments of $1.65 billion, approximately EGP 82.5 billion.
Spanning 3.75 million square metres, the project will be implemented over five years and is set to include nine factories and two comprehensive service centres — one for research and development (R&D) and another for solid waste recycling. The complex is expected to create over 8,000 direct jobs throughout its development phases.
The first phase comprises four factories producing car brake disc components, household appliance components, standard fasteners such as bolts and nuts, and hot-rolled steel coils.
The second phase will include factories for aluminium and magnesium alloy automotive components, steel structure equipment, car brake drum components, construction machinery parts, and cold-rolled steel coils.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama

Clic here to read the story from its source.