SCZONE and AD Ports Group signed a 50-year agreement to develop the 20 km² KEZAD East Port Said industrial and logistics zone in Egypt.
Phase 1, covering 2.8 km² and including a 1.5 km quay wall, begins in 2025 with $120 million investment.
The project strengthens Egypt-UAE ties and enhances the Suez Canal’s role in global trade, with partners including EGA and Hassan Allam Holding.