EBRD supports the digital transformation of the Suez Canal Economic Zone
March 8, 2022
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.