Egypt’s SCZONE approves new mining, food projects in Ain Sokhna

Egypt’s Suez Canal Economic Zone signed industrial agreements worth $13 million to develop mining, food and fertilizer projects in Ain Sokhna.

The deals cover two Egyptian-backed projects spanning a combined 32,000 sq. meters inside the industrial zone and are expected to create about 100 direct jobs, according to a statement from the authority.

Grass Egypt will invest 94 million Egyptian pounds to develop a fertilizer, soil conditioner and pesticide manufacturing facility on 15,000 sq. meters. The plant is expected to start operations in early 2027 with annual production capacity ranging between 5,000 and 7,000 tonnes.

Both projects fall under industrial developer Main Development Co., the zone’s development arm, and form part of a broader strategy to expand Ain Sokhna as a manufacturing and export hub.

SCZONE chairman Walid Gamal El-Din said the authority is accelerating industrial project implementation and offering investors integrated logistical and administrative support to boost competitiveness and localize supply chains.

“He emphasized the continued development of a diversified industrial base in Ain Sokhna and supporting the increase of Egyptian exports of food industries and agricultural products, reflecting the authority’s commitment to driving economic development and benefiting both investors and the community,” the statement added.