Japan would like to strengthen the relations with the Suez Canal Economic Zone (SCZONE), that is considered a Economic Hub for international maritime transport and a main gateway to the African countries, Oka Hiroshi, the Japanese Ambassador to Cairo said
“It’s our pleasure to be here in SCZONE, as our country is keen to support and develop means of cooperation with Egypt in various fields,” Hiroshi added.
The Japanese ambassador went on a site visit to watch Saraya project that includes a complex of factories on an area of 20,000 square meters with investments cost $10 million to produce Japanese sterilization supplies and cosmetics in Egypt.
This came during Hiroshi ‘s visit to SCZone in Sokhna to discuss with Yehia Zaki, chairman of the Suez Canal Economic Zone, investment opportunities and mutual cooperation between Japanese side and SCZONE in various industrial sectors.
Chairman of SCZONE showed the investment opportunities and incentives to the ambassador.
He also demonstrated SCZONE’s plans to localize targeted industries according to Egypt’s strategy 2030, as well as SCZONE’s efforts to localize green fuel industries in Sokhna and East Port Said.
Zaki pointed out that the current investment situation in Egypt is the best time, as it enjoys a good investment climate and various opportunities in many sectors.
“The political leadership’s will encourage serious investments by providing many investment incentives, robust infrastructure, a national road network, electricity, and a communications network,” Zaki said
“We appreciate the Japanese ambassador’s interest in visiting SCZONE, as we have the joint cooperation with the Japanese investments represented in the RORO terminal in East Port Said with the Japanese-French consortium” Toyota Bollore NYK” , as well as Saraya Japanese Factor for cosmotics, the first Japanese factory in the Sokhna Industrial Zone, which is under construction and will operated soon,” Zaki declared.
