Egypt’s SCZONE Signs $13 Million Industrial Deals in Ain Sokhna to Boost Mining and Food Manufacturing
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CAIRO — Egypt’s Suez Canal Economic Zone has signed industrial agreements worth $13 million to establish new mining, food and fertilizer projects in Ain Sokhna, reinforcing efforts to expand the industrial zone as a manufacturing and export hub.
The deals cover two Egyptian-backed projects spanning a combined 32,000 square meters within the zone and are expected to generate approximately 100 direct jobs, according to an official statement.
The larger investment will be implemented by Al-Atta Group, which plans to develop a food and mining industries complex on 17,000 square meters with total funding of 515 million Egyptian pounds, equivalent to around $11 million. The project will focus on the processing and trading of metals and precious stones and is scheduled to begin production in 2027. Annual production capacity is projected to reach up to 10,000 tonnes.
In a separate agreement, Grass Egypt will invest 94 million Egyptian pounds to establish a fertilizer, soil conditioner and pesticide manufacturing facility on 15,000 square meters. The plant is expected to commence operations in early 2027 with an annual production capacity ranging between 5,000 and 7,000 tonnes.
Both projects fall under the umbrella of Main Development Company, the industrial zone’s development arm, and form part of a broader strategy to expand Ain Sokhna’s industrial base.
SCZONE Chairman Walid Gamal El-Din said the authority is accelerating the implementation of industrial projects while providing integrated logistical and administrative support to enhance competitiveness and localize supply chains.
According to the authority, the projects align with its strategy to support domestic investments in priority sectors, particularly those linked to food security, agricultural inputs and mining. The fertilizer facility is expected to contribute to reducing reliance on imported agricultural inputs by strengthening local production capacity.
Gamal El-Din said the authority prioritizes projects that serve domestic market needs while boosting exports, particularly in sectors that contribute to supply chain resilience and value-added manufacturing.
The Suez Canal Economic Zone continues to position Ain Sokhna as a strategic gateway for industrial production and export activity, with the objective of supporting Egypt’s broader national industrial development plans.
As Egypt deepens its industrial capacity and strengthens local supply chains, the continent’s development journey remains one of steady institutional building and strategic expansion. Africa’s economic architecture is still evolving, but the direction is clear — forward, deliberate, and increasingly driven by its own priorities.
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