11/09/2026
"Head of the Suez Canal Economic Zone Meets Singapore’s Ambassador to Egypt to Discuss Enhancing Investment Cooperation and Exploring New Opportunities for Industrial and Logistics Projects.
Mostafa Sheikhoun: The Integrated Capabilities of the Suez Canal Economic Zone Open Broad Prospects for Cooperation with Singaporean Companies.
Mr. Mostafa Sheikhoun, Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), received this morning, at the Authority’s headquarters in the New Administrative Capital, H.E. Dominic Goh, Ambassador of the Republic of Singapore to the Arab Republic of Egypt, to discuss ways of enhancing economic and investment cooperation between the two sides and to review investment opportunities available within the Suez Canal Economic Zone.
The meeting aimed to support the expansion of partnerships with the Singaporean business community and was attended by a number of the Authority’s executive officials.
During the meeting, Mr. Mostafa Sheikhoun reviewed the key investment and competitive advantages of the Suez Canal Economic Zone, including its integrated industrial zones and ports, logistics services, as well as investment incentives and advantages.
He stressed that the integration of these capabilities strengthens the Zone’s ability to attract high-quality investments and serve regional and global trade flows and supply chains.
He noted that the transformations taking place in global supply chains are increasing the importance of policies aimed at the geographical proximity of supply chains (Nearshoring), creating new opportunities for the Suez Canal Economic Zone to capitalize on its strategic location, integrated infrastructure, and trade agreements that provide projects with access to broad regional and global markets.
Mr. Mostafa Sheikhoun added that Singapore possesses strong expertise in the fields of industry, logistics services, and port management, opening broad prospects for enhancing cooperation and exchanging expertise in these areas. He affirmed the Authority’s interest in attracting more Singaporean companies to benefit from the available investment opportunities, particularly in priority sectors among the 21 sectors that the Authority is targeting for localization and deeper local manufacturing.
For his part, Ambassador, H.E. Dominic Goh praised the strategic location and integrated capabilities of the Suez Canal Economic Zone in the fields of industry, transportation, and logistics services, stressing the importance of the investment opportunities offered by the Zone.
He added that there are promising opportunities to enhance cooperation and investment in a number of priority areas, including water desalination, renewable energy, and green fuels. He stressed the importance of continued coordination between the two sides to promote awareness of these opportunities and encourage Singaporean companies to take advantage of them, thereby supporting economic and investment cooperation between Egypt and Singapore and opening new avenues for partnership in high value added sectors."
