Suez Canal eyeing incentives for investors, its head says
Zaki pointed out that the economic zone has maritime, industrial and logistical investments
A man holds an Egyptian flag as Ever Given, one of the world's largest container ships, is seen at the Suez Canal after the canal authority reached a settlement with the vessel's owner and insurers, in Egypt's Great Bitter Lake in Ismailia, Egypt, July 7, 2021.
REUTERS/Amr Abdallah Dalsh
By Staff Writer, Arab News
RIYADH: The economic zone of the Egyptian Suez Canal is considering improving incentives for investors, with 15 different sectors already offered out to potential funders, Head of the Suez Canal Authority Yahya Zaki told CNBC Arabia.
Zaki pointed out that the economic zone has maritime, industrial and logistical investments.
The economic zone of the Suez Canal spent $10 billion on infrastructure only, Zaki added.
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