EBRD launches second phase to digitalise Suez Canal Economic Zone

March 1, 2023
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The European Bank for Reconstruction and Development (EBRD) is launching the second phase of its technical support programme to digitalise the Suez Canal Economic Zone (SCZone).

 

Aiming to streamline administrative formalities and to fast-track the management of investor services, the SCZone authority has established a one-stop shop for investors, managed by its Investor Services Department.

 

The Bank is helping the SCZone to develop an efficient, competitive and eco-friendly business environment that is attractive to international investors and that will position the SCZone as a leading space for global trade, industries and services, as well as generate jobs for Egyptians.

 

The second phase will include the re-engineering of more than 60 services, including land management, project approvals, environmental approvals, company registration and foreign worker permits.

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Countries covered:

  • Egypt