The SCEZ hopes that private investors will help build much of the new infrastructure. — Reuters
CAIRO: Egypt’s Suez Canal Economic Zone (SCEZ) has invested US$3bil on infrastructure over the past few years and plans to invest a similar amount over the next few years as it works to attract investors, its chairman says.
The zone, a collection of six ports and four industrial areas alongside, or near the waterway, has been given special legal and tax advantages to benefit from the vast amount of international shipping passing by.
