Egypt's Suez Canal Economic Zone (SCZONE) signed a contract to establish a $8 million food manufacturing facility by Pitcairn Group in Sokhna Industrial Zone, the authority said on Monday. The project, located within the MDC industrial developer, will cover 10,000 square metres and is expected to create 450 direct jobs. Production is slated to begin in early 2027 with an annual output of 18,000 tons of frozen potatoes and vegetables, and 73 million ready-to-eat meals for aviation, hotels, hospitals, industrial sectors, humanitarian relief, and regional export markets. The contract was signed by MDC Managing Director Waleed Youssef and Pitcairn's Director Emad Hamdy in the presence of several executive officials from the Suez Canal Economic Zone Authority. Chairman Waleid Gamal El-Dein said the authority aims to localise 21 industrial, service, and logistics sectors, creating fully integrated clusters with global-standard infrastructure and strong links between industrial zones and seaports. "The Suez Canal Economic Zone is becoming a preferred destination for global investment," Gamal El-Dein said, adding that the authority is committed to transferring advanced manufacturing technologies, boosting exports, substituting imports, and supporting Egypt's broader economic development. Attribution: Amwal Al Ghad English
