GENERAL AUTHORITY FOR SUEZ CANAL ECONOMIC ZONE SCZone presented by Amir Abdel Ghaffar Head of Projects June 2018
1 - Project Definition In August 2015, HE President Abdel Fattah El Sisi assigned 46,000 hectars of land and 6 Ports around the Suez Canal to the General Authority for Suez Canal Economic Zone for the development of a World Class Industrial & Logistics Hub, the SCZone
About SCZone Genoa Hamburg & Antwerp Luka Koper Linked to The main Trunk Route of global Trade Barcelona Piraeus Qingdao SCZONE Shanghai Jabil Ali Bombay Djibouti Singapore www.sczone.eg / 3
SUEZ CANAL ECONOMIC ZONE East Port Said Qantara Tech. Valley 4 industrial zones A promising investment zones with total area of 461 K.m 2 Ain Sokhna About SCZone www.sczone.eg / 4
West Port Said East Port Said Al Aresh Port SUEZ CANAL ECONOMIC ZONE 6 ports Adabyia Port Al-Tor Port About SCZone Sokhna Port www.sczone.eg / 5
2 - Key Objectives of SCZone - Locally, creation of favorable Social & Economic Impact through generation of job opportunities and sustainable development of new urban communities that would attract the population from dense areas around the Nile Valley to the Suez Canal Zone - Regionally, SCZone plays a pivotal role between Europe, Asia and Africa as it provides the opportunity for Value Addition at the Source through industrial investment and regional trade, thereby curbing illegal immigration
3 SCZone Key Success Drivers SCZone is a Mega Project that will provide Social and Economic Benefit for Generations to come through creation of a wide range of Development and Investment Opportunities, capitalizing on: A- SCZone Strategic Location, Well Developed Infrastructure & Low Operating Cost B- Egypt s Young Population & Industrial Base C- Vicinity to Markets D- Economic Reform
A SCZone Location & Connectivity Capitalizing on the strategic location of the Suez Canal Zone: A- Being in the heart of World Trade between Europe and the USA in the West and China, South East Asia and India in the East and Africa in the South with an estimated 1 billion ton of cargo throughput per year representing 10% of World Trade B- Becoming a regional Hub in the Middle East, Arabia & Africa attracting Value Added Industries & Logistics
African Highways Connectivity Linked to The Transport African Highways 1 Cairo - Dakar 2 3 Algeria - Lagos Tripoli - Cape town 4 Cairo - Cape town 5 6 Dakar - Ndjamena- Djibouti 7 8 Dakar - Lagos - Mombasa 9 Beira - Lobito www.sczone.eg / 9
Roads Alexandria Damietta Port Said Connectivity Domestic Modern Roads Network Cairo Sokhna Highway Road Regional Ring Road 10 th of Ramadan Cairo Alex Highway Sokhna 10 th of Ramadan Cairo Suez Ismailia Port Said 30 th June Axis Port Said Suez Eastern Road Ain Sokhna Cairo-Suez desert road Cairo-Ismailia desert road www.sczone.eg / 10
Tunnels Connectivity Linked to 6 Tunnels Port Said Tunnels Ismailia Tunnels Suez Tunnels www.sczone.eg / 11
Airports Connectivity East Port Said Linked to International Airports 100 KM to Cairo Intl. Airport Cairo West Intl. Airport Cairo Cairo Intl. Airport New Admin. Capital Airport Almallez Airport 170 KM to Cairo West Intl. Airport 60 KM to the Admin. Capital Airport 150 KM to Almallez Airport Ain Sokhna www.sczone.eg / 12
Operating Cost in SCZone Operating Costs www.sczone.eg / 13
B Egypt s Young Population & Industrial Base Egypt s Population of about 100 million citizen - 60% under 40 Years - GDP: USD 300 billion - Availability of scientific and qualified cadres of all specializations / Vocational Training Egypt s Industrial Base - 2 nd largest in Africa - prominent feeding industries, - availability of raw materials - facilitating local sourcing
C Vicinity to Markets Regional Markets - SCZone has direct access to Regional Markets of 2 billion citizen: - Egypt: 100 million - Arabia: 320 million - Africa: 1200 million - Europe: 400 million
Egypt s Free Trade Markets
6/29/2018 Egypt s Competitive Free Global Trade Location Markets SCZone has access to over 1.5 billion citizen under Free Trade Agreements Agreements & Partnerships Egypt EU COMESA GAFTA QIZ Partnership For establishing a free trade area between Egypt and European Countries Common Market for Eastern and Southern Africa 19 Member States Greater Arab Free Trade Area 18 Arabian Member States Free Trade Zone between Egypt, Arabian, African Countries & USA Approx. Population 400 Million 430 Million 320 Million 300 Million Egypt Turkey Free Trade Zone between Egypt & Turkey 167 Million Agadir Egypt Switzerland EFTA Countries Egypt, Morocco, Tunisia & Jordan Switzerland, Iceland, Liechtenstein, Norway, Switzerland 140 Million 15 million 17
D- Economic Reform New Investment Law with Tax and Other Incentives and Favorable Terms in line with International Standards Flexible Monetary Policy provides for Affordable EGP based on Supply & Demand Repatriation of Profits Long and renewable Lease Terms periods provide investors the ability of long term planning
6/29/2018 SCZone Project Components SCZone Project Components Competitive Edge Analysis Regulatory Framework Development Master Plan Development Formulation of Investment Opportunities Social, Economic & Environmental Impact Assessment Infrastructure Development Marketing One Stop Shop Investor Relations 19
Proposed Investment Sectors in SCZone
Engineering & Machinery
Energy
Building & Construction Materials
Electronics & ICT
Chemicals
Petroleum & Petrochemicals
Distribution and Redistribution Logistics Centers
Shipbuilding and Ship Repair
Textiles
Food Processing
Pharmaceuticals
And other Environmentally Friendly activities in line with the Masterplan and Investment Opportunities in SCZone
One Stop Shop The unprecedented flexible approach in dealing with prospective investors, so far as administrative and contractual procedures are concerned One Stop Shop 33