Zawya Projects posted on 29 May 2023 an article titled "Chinese Companies Flock to Egypt's SCZONE" by Eman Hamed.
Chinese companies have announced more than $3 billion in investment projects in the coming years in the Suez Canal Economic Zone in the chemical, textile/apparel, power, pipes, and iron and steel sectors.
Comment: Historically, not all announcements of Chinese investment projects materialize and it will be instructive what happens in this case.