نمحرلا ﷲ مسبميحرلا GENERAL AUTHORITY FOR SUEZ CANAL ECONOMIC ZONE “SCZone” by Admiral Mohab Mameesh Chairman of Suez Canal Authority Chairman of Suez Canal Economic Zone Authority March 2019
Project Definition In 2015 PRESIDENTIAL DECREE 330 allocated a land bank of 46,000 Hectar and 6 Ports to the Suez Canal Economic Zone to accelerate industrial and logistics development in the Region . SCZone is an autonomous Authority positioned as a parallel Government Body. Its BOARD MEMBERS represent all stake holding Ministries, and its CHAIRMAN reports directly to HE the PRIME MINISTER . This enables the Zone highest flexibility in dealing with Investors’ requests and prompt decision making thereby granting the Investor “Ease of Doing Business” when investing in the Zone.
When to invest in SCZone: 1)If you are interested in EXPORTING to Regional Markets and your Product Price is a determining factor: SCZone Exports are allowed duty free access to markets of 2 billion inhabitants via FREE TRADE AGREEMENTS with: • EUROPE • AFRICA • ARABIA This feature gives your products a price advantage compared to cheaper goods from South East Asia and South Asia.
Egyptian Free Trade Agreements applicable in the Zone
When to invest in SCZone: 2) If you are interested in value added industries or logistics and you would like to capitalize on the Strategic Location of the Suez Canal with 12% of maritime transport passing through on an annual basis. In 2018, 18000 vessels crossed the Suez Canal carrying over a billion ton of cargo, which creates great opportunities for transshipment logistics and value added industries. The industrial and the logistics spaces in SCZone are integrated with the Ports , making goods receipt and export a seamless operation.
Strategic Location Linked to The main Trunk Route of global Trade Hamburg & Antwerp Luka Koper Genoa Barcelona Piraeus Qingdao Shanghai SCZONE Bombay Jabil Ali Djibouti Singapore www.sczone.eg / 6
When to invest in SCZone: 3) When “Ease of Doing Business” is an essential factor for your investment: a) SCZone has adopted a Single Window Investor Interface that handles all project approvals, building and operations permits and even foreign employee permits. b) Your raw material and components are not subjected to Value Added Tax nor lengthy Custom Clearance procedures at import and c) Your Exports are exempted from VAT and custom duties
What other benefits do I get when I establish my business in SCZone: 1) State of the Art Infrastructure and Utilities, which the Zone has invested billions in developing to suit your needs 2) Affordable qualified and skilled labor that are trained via specialized Technical Education and Vocational Training Centers in the Zone 3) A significant local supply chain supported by the existing industrial base 4) Access to local raw materials and natural resources as well as 5) Availability of energy and power These factors further enhance your product competitiveness especially in price sensitive markets like the African Market with a young population of 1.2 billion citizen
Will I be excluded from Egypt’s promising local market when investing in SCZone?? NO, there are no quotas on exporting your products to the local market You are granted access to consumption markets of 100 million citizen, of whom being under the age of 40
Any more benefits when I invest in SCZone: YES! To complement the former benefits, you are granted a TAX HOLIDAY equal to HALF of your Investment! How? SCZone is privileged by the New Investment Law to grant its Investors a tax break equal to 50% of their Capital Expenditure. If you are a Labor Intensive industry, you will be entitled to another tax holiday equal to 30% of your investment cost. INVESTING IN SCZONE COULD GRANT YOU UP TO 80% SAVINGS OF YOUR INVESTMENT COST!!
Where are SCZone Main Industrial & Logistics Hubs and Ports? 1 2 3 WPS EPS Al Aresh port port 1 Port EPS industrial zone 2 Qantara 3 Tech. Valley industrial zone 4 Adabeya Port 4 Sokhna industrial 6 zone Al Tur 5 11 Port Sokhna Port
3/10/2019 SCZone Main Industrial & Logistics Hubs are in: 1) EIN SOKHNA • Is an area of 200 million square meters by the Red Sea in the backyard of 2 major Ports, Ein Sokhna and Adabeya • 60 km from the New Administrative Capital / 100 km from Cairo and the Nile Delta with 60% of Egypt’s population • Excellent inland connectivity and superb reach to African and Arabian Markets via Feeder Lines • Suitable for heavy, medium and light industries as well as logistics activities • Services & Utilities provided by qualified Industrial Park Operators • Sokhna Port specialized in Containers, General Cargo, Dry and Liquid Bulk • Adabeya specialized in dry and liquid bulk 12
3/10/2019 SCZone Main Industrial & Logistics Hubs are in: 2) East Port Said • Is an area of 84 million square meters on the northern entrance of the Suez Canal and the Mediterranean Sea • Suitable for medium and light industries • Located in the backyard of newly built East Port Said Port with 5km length of quay wall terminals earmarked for container terminals, bulk and general cargo • Excellent inland connectivity via newly built tunnels and superb reach to European, West African and American Markets via Feeder Lines • Services & Utilities provided by qualified Industrial Park Operators 13
3/10/2019 SCZone Main Industrial & Logistics Hubs are in: 3) Ismailia • Two areas of 81 million sqm around the center of the Suez Canal • Suitable for medium and light industries • In West Ismailia, specialized in Agro Industries and Fast Moving Consumer Goods, located in the vicinity of agro fertile and labor dense Nile Delta • In Sinai, specialized in Technological Industries in Technology Valley with abundance of high quality Silica and related raw materials • Excellent inland connectivity via newly built tunnels and superb reach to Export Markets via SCZone’s Ports in the north and south • Services & Utilities provided by qualified Industrial Park Operators 14
SUEZ CANAL CONNECTIVITY ECONOMIC ZONE West Port Said East Port Said Al Aresh Port Regional Ports 6 ports Adabyia Port Al-Tor Port Sokhna Port www.sczone.eg / 15
CONNECTIVITY Regional Road Network Damietta Port Said Domestic Modern Alexandria Roads Network Cairo – Sokhna Highway Road Regional Ring Road 10 th of Ramadan Cairo – Alex Highway Sokhna – 10 th of Ramadan Suez – Ismailia – Port Said Cairo 30 th June Axis Port Said – Suez Eastern Road Cairo-Suez desert road Ain Sokhna Cairo-Ismailia desert road www.sczone.eg / 16
CONNECTIVITY Regional Tunnels Linked to 5 Tunnels Port Said Tunnels Ismailia Tunnels Suez Tunnels www.sczone.eg / 17
CONNECTIVITY Regional Airports Linked to International Airports East Port Said 100 KM to Cairo Intl. Airport Almallez Airport 170 KM to Cairo West Intl. Airport Cairo West Intl. Airport Cairo Intl. 60 KM to the Admin. Airport Capital Airport New Admin. Cairo Capital Airport 150 KM to Almallez Airport Ain Sokhna www.sczone.eg / 18
CONNECTIVITY Continental Road Network Linked to Transport African Highways 1 Cairo - Dakar 2 Algeria - Lagos Tripoli - Cape town 3 4 Cairo - Cape town 5 Dakar - Ndjamena- Djibouti 6 Dakar - Lagos - Mombasa Beira - Lobito 7 www.sczone.eg / 19
Investment Opportunities in SCZone include but not limited to the following Industries: Automotive Parts and Assembly Capital Engineering Goods Electronics & Semiconductor Information & Communication Technologies Pharmaceuticals & Bio Medical Service & Logistics Fast Moving Consumer Goods Food & Beverage Building Materials & Construction Industries Massive Infrastructure & Development Projects Environmental related Projects Other Industries in line with environmental regulations
SCZone Current Investments 192 Up and Running Projects 100 Services and Logistics Companies +25 Billion USD Operating Investments
Under implementation & Future Investments +20 Billion USD Investments Currently Under Implementation +55 Billion USD Targeted Investments in the Med Term
GENERAL AUTHORITY FOR SUEZ CANAL ECONOMIC ZONE “SCZone” THANK YOU Contact Amir Abdel Ghaffar Chief Projects Officer March 2019 amir.ghaffar@sczone.eg +2 0100 6018383
Recommend
More recommend
