The Suez Canal … standard revenues and huge projects

The Board of Directors of the General Authority of the Economic Zone of the Suez Canal adopted the final account for the fiscal year 2024/2025, recording unprecedented revenues amounting to 11.6 billion pounds, an increase of 38% over last year, while net profits increased to 8.6 billion pounds, an increase of 51%.

This announcement came during the second council meeting for the fiscal year 2025/2026 in the new administrative capital, headed by Walid Jamal Al -Din, in the presence of the Minister of Housing and Investment, Port Said Governorates, Suez, Ismailia and members of the Council with legal and technical expertise. In the first months of the new fiscal year, 26 additional projects were signed with investments of 1.85 billion dollars, bringing the total projects implemented in 14 months to 155 projects worth 6.3 billion dollars. Also, the implementation of 5 new projects with a total investment of 155 million dollars, including four industrial projects in the Qantara region of West for Chinese and Pakistani investors, in addition to a logistical project for an Egyptian-Turkish alliance in Qantara West And Sokhna, with a total area of ​​441 thousand square meters, provides more than 5 thousand direct job opportunities. It should be noted that the efforts of the authority during the past 38 months resulted in attracting 334 projects with $ 10.4 billion investments, distributed between 323 industrial projects and 11 marine ports projects, providing about 100 thousand direct job opportunities, which reflects the strength of the economic zone of the Suez Canal in attracting investments and providing job opportunities.