Council of Ministers: There is nothing to do with a region development agreement "Kizad East Port Said" In the navigation corridor of the Suez Canal
& nbsp; The General Authority of the Economic Zone of the Suez Canal and the Abu Dhabi Ports Group took place, and it falls within the powers of the economic zone, and there is no connection with the navigation corridor of the Suez Canal, which is under the management and sovereignty of the Suez Canal Authority, and not for the economic zone of the Suez Canal, as they are two separate bodies. Dhabi with the usufruct system for a period of 50 years, against the background of announcing the signing of an agreement to develop an industrial zone between the General Authority of the Suez Canal Economic Zone and the Abu Dhabi Port Group. Constitutional, according to the Egyptian constitution, and what is stipulated in Article (43) and its content & quot; The state is committed to protecting, developing and preserving the Suez Canal as an international waterway owned by it, as well as the development of the channel sector as a distinctive economic center & quot; & nbsp; It is 20 million square meters, and is located within the scope of the East Port Said industrial area, which is affiliated with the economic zone of the Suez Canal, which has a total area & quot; the right to use & quot, which is the contractual framework used in accordance with the Law of Economic Zones with a Special Nature No. 83 of 2002 and its amendments by Law No. 27 of 2015; This is like the rest of the contracts concluded by the Suez Canal Economic Zone with all industrial developers and investors in the region. Where it promotes that region to attract investment in the targeted industrial and logistical sectors, as there are other indirect returns represented in the localization of the industry and the transfer of advanced technology, the provision of many direct and indirect job opportunities, the development of state resources from tax and customs revenues and added value, increased transit trade and supporting global supply chains, in addition to enhancing Egyptian exports Outside.
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