A new Suez tech park aims to attract semiconductor and hardware firms.
Published: April 12, 2025 at 00:00
Author: North Africa Business Weekly
Main article
The Egyptian government has unveiled plans to build a high-tech industrial zone along the Suez Canal. Targeting global electronics and hardware companies, the initiative offers tax incentives and proximity to shipping lanes. The project aims to create thousands of jobs and position Egypt as a regional hub for tech manufacturing. Industry leaders view this as a step toward boosting Egypt's industrial GDP contribution.