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SCZone launches EGP 1.2bn project

SCZone launches EGP 1.2bn project
The project will create more than 35,000 jobs for youth

Cairo – Mubasher: The Suez Canal Economic Zone’s (SCZone) board has approved the small- and medium-sized businesses (SMBs) union assembly’s project, under the name of “Boshret Kheer”, in El Qantara Gharb with EGP 1.2 billion in investment within six years.

The project includes industrial complexes for small- and medium-sized businesses, including textile and clothing, packaging materials, electronics, engineering, and medical requirements, chairman of the Suez Canal Authority (SCA) and the SCZone Mohab Mamish said in a statement on Monday.

The project will create more than 35,000 jobs for youth in accordance with President Abdel Fattah El-Sisi’s instructions, Mamish added.