The " Economy of the Suez Canal " wins a seat on the steering committee of the African AEZO

Cairo - Eco - Fady Labib : Egypt, represented by the Suez Canal Economic Zone, won a seat in the Steering Committee of the African Economic Zones Organization AEZO. The announcement of the authority’s obtaining this seat came during the elections organized by the organization virtually and in the presence of Mr. Walid Gamal El-Din, Executive Director of the Suez Canal Economic Authority and a number of representatives and heads of economic zones African Union, which was recently held in Ghana ...

Walid Gamal El-Din said that the authority's obtaining the membership of the organization's steering committee came after the unanimous vote, as required by the rules of membership of the organization, at the organization's sixth annual meeting, which was held in Accra in Ghana under the slogan: "Linking African special economic zones with global value chains in the era of the trade zone African Free Zones (AfCFTA)”, in which the authority participated by default, and the region won this seat in the framework of the authority’s endeavor to strengthen its presence at the international and regional levels, especially Africa, and to enhance the cooperation of the authority and its African counterparts and work together to create and improve the investment climate in the African continent and attract diverse investments to the continent As Samra, the region's presence in this organization supports the promotion of Egypt in general and the economic zone in particular as a safe and stimulating environment for investment.

Cairo - Eco - Fady Labib :Gamal El-Din also referred to the cooperation and complementarity of the role of the Economic Authority and its counterparts in African countries and the exchange of experiences for the benefit of the members of the organization in pushing the African continent to be the most attractive for investments due to its geographical and natural elements that qualify it to be a global investment and industrial platform.

It is worth noting that the Suez Canal Economic Zone joined the African Economic Zones Organization (AEZO) in March 2020, which is a step aimed at increasing cooperation with international and regional organizations and bodies, and benefiting from support and assistance in developing projects in the African economic zones, thus promoting business trade and stimulating investments. diversified area.

The Organization of African Economic Zones includes 82 members representing 42 African countries, including: (Nigeria, Tunisia, Senegal, Ivory Coast, Kenya, etc..), and the organization aims to strengthen economic relations between the economic regions of the continent on the one hand and between them and governments on the continent on the other hand to facilitate cooperation In various fields, the organization also contributes to the achievement of strategic goals and the economic and social development of member states.