During a meeting with head of the Suez Canal Authority Mohab Mamish, the president called for quickly carrying out infrastructure projects in SCZone to increase investments and job opportunities in the area.
Mamish, who is also head of the SCZone, posted the president on the latest developments in developing SCZone, pointing out to the increase of world companies' demands for investments in the area.
Mamish pointed out to the activation of an agreement to finance Bulk Liquids terminal at Sokhan port at investments estimated at 500 million dollars.
The meeting also tackled the movement of ships in the Suez Canal which increased recently.
At a meeting with Prime Minister Sherif Ismail and Minister of Trade and Industry Tarik Kabil on Tuesday, the president underlined the importance of providing all services and utilities in the new cities and industrial zones.
Sisi confirmed the necessity of continuing efforts for setting up new cities and upgrading industrial zones.
He also asserted the necessity of connecting these areas to the railways network to facilitate the movement of goods and encourage exports. (MORE)
Source: Mena