Egyptian business delegate looks to partner with Europe, focusing on solar initiatives

In Brussels, Belgium, Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), led a high-level Egyptian economic delegation to discuss investment prospects and preparations for an upcoming investment conference in Egypt, in collaboration with the European Union.

During the visit, organized by the Egyptian Embassy and its commercial office, the delegation engaged in productive meetings with prominent European business entities, including the European Business Federations Foundation, Business Europe, and the Arab Belgian Luxembourgish Chamber of Commerce (ABLCC), as well as Solar Power Europe and solar energy firms across Europe.

Gamal El-Din highlighted the vast opportunities within the SCZone, which comprises four industrial zones and six seaports along the Mediterranean and the Red Sea. He emphasized the zone’s role in fostering economic cooperation and supporting supply chains and trade through its integrated strategy across ports, industrial, and logistics areas.

Moreover, he underscored the strategic location and operational readiness of SCZone’s seaports, enabling services like ship bunkering and the exportation of green ammonia from the Egypt Green Hydrogen Plant.

Throughout the discussions, Gamal El-Din outlined the diverse industrial sectors targeted for development within the economic zone, emphasizing its readiness to establish partnerships with European counterparts.

Recently, Gamal El-Din hosted a delegation from the European Commission mission to explore potential collaborations concerning ongoing and planned projects within the SCZone across various sectors.