Head of the Suez Canal Economic Zone (SCZONE) Mostafa Sheikhoon met with a high-level Indian business delegation comprising representatives of major Indian companies, coordinated by the Federation of Indian Chambers of Commerce and Industry (FICCI), at the authority’s headquarters in Ain Sokhna.
The meeting took place on the sidelines of the Indian Minister of Commerce and Industry’s visit to Egypt, as part of SCZONE’s efforts to strengthen international economic cooperation and attract global investment.
In a statement issued on Saturday, November 14, 2026, Sheikhoon said the fruitful cooperation and strong strategic relations between Egypt and India were increasingly translating into successful and promising investment partnerships for numerous Indian companies operating within SCZONE’s industrial and logistics zones.
He noted that these companies invest in a variety of sectors, foremost among them metal industries, chemicals and petrochemicals.
“The authority offers a comprehensive and competitive package of customs and tax incentives, supported by international free trade agreements (FTAs) that facilitate access to major global markets,” he added.
Sheikhoon also highlighted the authority’s focus on specialized technical workforce training centers as a targeted sector under its strategy, given their role in meeting investors’ demand for qualified personnel trained according to the latest scientific methods and in strengthening the integrated business environment.
The delegation attended a comprehensive presentation on SCZONE, its capabilities, key investment incentives and digital services. It also watched a documentary highlighting the authority’s network of ports and integrated industrial zones, major infrastructure and utilities projects, and other competitive advantages.
For his part, the CEO of industrial developer Orascom Industrial Parks highlighted the authority’s strong network of world-class industrial developers as a key pillar of SCZONE’s success, helping turn its vision into tangible achievements.
He underscored the industrial developer’s vital role in creating an integrated business environment and providing investors with extensive facilities under SCZONE’s umbrella. He also stressed the complementary roles of the authority and the developer under their longstanding strategic partnership, aimed at attracting new high-value investments and localizing a range of targeted industrial sectors.
The meeting also featured success stories of several Indian companies operating within SCZONE under Orascom Industrial Parks, highlighting the institutional support and distinctive competitive advantages they enjoy, including reliable energy supplies, world-class infrastructure and effective integration between ports and industrial zones.
This integration provides a wide range of export options to regional and international markets, the statement noted.
At the conclusion of the visit, the Indian delegation conducted an extensive tour of the Sokhna Integrated Industrial Zone to learn firsthand about its capabilities, infrastructure readiness, industrial developers and successful Indian companies operating in the manufacturing and heavy industries sectors and assess its potential to attract further investment.
