Tuesday, May 30, 2023

Major Chinese Investments in Suez Canal Economic Zone

 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.