SUEZ CANAL ECONOMIC ZONE. 1/30

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Cecilia Franklin
5 years ago
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1 SUEZ CANAL ECONOMIC ZONE 1/30

2 Objective Legal Framework AGENDA Activities Working Environment Current Phase 2/30

3 Conducive Environment OBJECTIVE Investor Relation Management Modernized Interpretation of the Law No Bureaucracy No paperwork

4 LEGAL FRAMEWORK Flexible Autonomous Decision in a single place

5 WORKING ENVIROMENT

6 Working Environment Fast Decision Making Flexible Business Models / Partnership Free Zone No Customs No Customs on value add when exporting to Egypt 22.5 % Corporate Tax No VAT 6/30

7 ACTIVITIES

8 Activities Dispute resolution Regulatory Investment Tax Collection Registration & Licensing Infrastructure Ports 8/30

9 CURRENT PHASE

10 CURRENT PHASE Hamburg 461 Sq km Panama Rotterdam S u ez C a n al Jabal Ali 6 ports Shanghai Shenzhen Hong Kong Singapore

11 Regional Development Strategy Opportunities across all sectors Port & Logistics Maritime-related Services Manufacturing ICT Energy 11/30

12 Connectivity Connectivity The SCZone is well connected to Cairo with a good network of express ways. The Government is constructing new express way to Port-Said and upgrading the existing one 6 new tunnels are being constructed to connect the east and west of the SCZone 12/30

13 Energy Energy Delivering this strategy will generate significant demand for power creating numerous opportunities particularly in clean energies. Additional demand for power estimated at around 6GW over the next 15 years in the SCZone 13/30

14 Water & Wastewater Water & Wastewater Equally, numerous opportunities exist for investment in water and wastewater treatment plants. Increase in demand over the next 15 years: Water: million cubic metres per day 14/30

15 Service Coverage Mediterranean Eastern Africa SA & Gulf Eastern Europe 15/30

16 SELECTED SECTORS Transport & Logistics Maritime-Related Activities Manufacturing Target Sectors Other Sectors Services Mining & Quarrying Tourism Energy / Water ICT Enabling Infrastructure Agriculture Government

17 Industrial Area East Port Said Industrial Area Qantara Industrial Area Ain Sokhna 17/30

18 Fitting your needs Each has its own Flavour Character Style Guaranteed... your business will fall somewhere 18/30

19 East Port Said Detailed Master Plan Side Channel Terminal 1 Terminal 2 Terminal 3 Logistics Industrial Housing 1 Housing 2 Tunnels Railway Tunnel East QantaraRoad Industrial Area Vehicles Tunnel Port Logistic Area Approach Channel Fish Farms 19/30

20 East Port Said Port Development East Port Said Port Development 1. Fully integrated container terminals to accommodate an additional 20 million TEUs per annum. Maximum berth length 1500m linear General Cargo/ Dry Bulk/Car Storage 4 3. Liquid Bulk 4. Logistics zone 20/30

21 East Port Said Industrial Area Master Plan INTERMEDIATE INDUSTRY SEA-FRONT RESIDENTIAL AREA PORT EXPANSION LIGHT INDUSTRIAL AREA ICT CENTRAL AREA 21/30

22 Industrial Area Master Plan Land Use Legend: Shops High density housing Medium density housing Social services Light Industries Medium Industries High Industries Commercial offices 22/30

23 East Port Said Supper Block 23/30

24 Qantara Detailed Master Plan MIXED USE COMMUNITY LINEAR PARK TOWN CENTRE BY THE LAKE NEIGHBORHOOD IN THE CANAL AFFORDABLE HOUSING CULTURE & LEISURE LIGHT INDUSTRIAL AREA CENTRAL PARK HIGH-END RESIDENTIAL BUSINESS PARK/GATEWAY 24/30

25 Ain Sokhna -Zoning Legend: Heavy Industries Light Industries Medium Industries Mixed Uses and Residential Central Area Touristic Area Touristic Area Military Area Touristic Area Industrial Area Ain Sokhna Port 25/30

26 Ain Sokhna General Layout RESIDENTIAL AREA ICT LIGHT INDUSTRIAL AREA CENTRAL AREA INTERMIDIATE INDUSTRY SCZONE HEAVY INDUSTRY AIN-SOKHNA PORT 26/30

Ain Sokhna Port Development 1. Fully integrated container terminals with maximum berth length of 2200m and yard area of 1.4km2 4 2.

27 Ain Sokhna Port Development 1. Fully integrated container terminals with maximum berth length of 2200m and yard area of 1.4km General Cargo/ Dry Bulk maximum of 2200m, annual capacity of 20 million tonnes 1 3. Liquid Bulk 4. Logistics Area Connected to the industrial zone /30

Competitiveness Location Connectivity : Roads -Rail Ports

Registration Lic Time from port to factory and vice versa

Elect /Gas /Water /Water Treatment / Roads / Communications

IT as a service Incentives Corporate Taxes Value Added Tax

28 Competitiveness Location Connectivity : Roads -Rail Ports -Airports Easy of doing business Land / Office Building Registration Lic Time from port to factory and vice versa Labour Laws Price and skill of labour Basic Infrastructure Elect /Gas /Water /Water Treatment / Roads / Communications Goes without saying! IT as a service Incentives Corporate Taxes Value Added Tax Wages Tax Tax on Foreigners Customs Insurance Contribution to Pensions Training Contribution to Establishment 28/30

29 Success Story Egypt has been in cooperation with Chinese investors ever since the SCzone China- Egypt TEDA Suez Economic and Trade Cooperation Zone is one of the second batch of national overseas economic and trade cooperation zones approved by Chinese government. Propelled by Tianjin Government. 12 Building of Standards Plants Four Star Swiss INN Hotel Building OF White Collar & Gold Collar Appartments TEDA Theme Park Investment Service Center Jushi Egypt Glass Fiber Company China-Egypt Honghua Petroleum Machinery Company Muyang (Egypt) Industry Co., Ltd. International Drilling Well Material Manufacturing Company 29/30

30 THANK YOU

Suez Canal. The Suez Canal Zone represents a new chapter in the economic development of

Suez Canal. The Suez Canal Zone represents a new chapter in the economic development of 1 Suez Canal TheeConomiC Zone In developing the Suez Canal zone we have listened to our partners The Suez Canal Zone represents a new chapter in the economic development of egypt. Created under Law no.