Strengthening Economic Cooperation Between Egypt and Norway in the Suez Canal Zone
The Chairman of the Suez Canal Economic Zone (SCZONE), Waleed Gamal El-Din, discussed ways to enhance joint cooperation with the Norwegian Ambassador to Cairo, Hilde Klemetsdal. This meeting took place within the framework of Egypt's efforts to attract foreign investment and develop industrial and logistical zones.
During the meeting, the two sides reviewed the investment opportunities available in the economic zone, particularly in the fields of green energy and green hydrogen. These sectors are among the priorities of the Egyptian state, which seeks to become a regional hub for clean energy in the region.
The Chairman of the Economic Zone emphasized the importance of partnership with Norwegian companies, pointing to the facilities provided by the Egyptian government to foreign investors. For her part, the Norwegian Ambassador expressed her country's interest in expanding the scope of economic cooperation and leveraging the strategic location of the Suez Canal.
This meeting comes as part of a series of meetings held by the Economic Zone with international partners to enhance trade exchange. These steps aim to support the Egyptian economy and create new job opportunities for youth in various governorates.
At the conclusion of the meeting, both parties agreed to continue communication and coordination during the coming period. It is expected that the next phase will witness field visits by Norwegian trade delegations to explore industrial zones and discuss the possibility of establishing new projects on the ground.