EBRD supports the digital transformation of the Suez Canal Economic Zone

March 8, 2022
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The European Bank for Reconstruction and Development (EBRD) is supporting the efforts of the Suez Canal Economic Zone (SCZone) to develop an efficient, competitive and eco-friendly business environment that is attractive to international investors.

An attractive business hub will position the SCZone as a leading space for global trade, industries and services and will generate job opportunities for Egyptians.

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 that is managed by its Investor Services Department.

Egypt is a founding member of the EBRD. Since the start of the Bank’s operations there in 2012, the EBRD has invested close to €8.6 billion in 144 projects in the country.

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Press release

Countries covered:

  • Egypt