SUEZ CANAL ECONOMIC ZONE. To become. a leading world class economic hub and a preferred destination for investment.

Transcription

1 / 1

2 To become SUEZ CANAL ECONOMIC ZONE a leading world class economic hub and a preferred destination for investment. / 2

3 Index 1. About SCZone 2. Investment Catalysts in SCZone 3. How To Invest in SCZone 4. Sustainability in SCZone

4 SUEZ CANAL SUEZ CANAL ECONOMIC ZONE 1- About SCZone SCZONE located around the main international maritime route where almost 20% of the international trade pass through (over 17,000 ships passing through each year and 9% of seaborne trade). / 4

5 1- About SCZone Hamburg & Antwerp Linked to The main Trunk Route of global Trade Genoa Luka Koper Barcelona Piraeus Qingdao SCZONE Shanghai Jabil Ali Bombay Djibouti Singapore / 5

6 East Port Said SUEZ CANAL ECONOMIC ZONE Qantara Tech. Valley 4 industrial zones A promising investment zones with total area of 461 K.m 2 Ain Sokhna 1- About SCZone / 6

7 West Port Said East Port Said Al Aresh Port SUEZ CANAL ECONOMIC ZONE 6 ports Adabyia Port Al-Tor Port 1- About SCZone / 7 Sokhna Port

8 1- About SCZone REGIONAL STRATEGY The regional development strategy centers on three Primary Development Nodes: 1- East Port Said Development of East Port Said Port into a major transshipment hub and a thriving gateway port with a dedicated multi-modal logistics facility generating over 150,000 jobs. SUEZ CANAL ECONOMIC ZONE 6,400 hectares earmarked for light and medium manufacturing, commercial and business activities with the capacity to support over 1,250,000 jobs. New urban areas at East Port Said and Bardawil City, hosting up to 3,750,000 residents. / 8

9 1- About SCZone REGIONAL STRATEGY The regional development strategy centers on three Primary Development Nodes: 2- Ismailia Specialized clusters for R&D activities in both ICT and renewable energies in Ismailia City and also in East Ismailia. SUEZ CANAL ECONOMIC ZONE Agri-processing and related logistics center, dry port and other light manufacturing activities supported at Qantara. Development of urban areas at Qantara and New Ismailia City capacity to host over 350,000 residents. / 9

10 1- About SCZone / 10 REGIONAL STRATEGY The regional development strategy centers on three Primary Development Nodes: 3- Ain Sokhna Creation of one of the largest industrial and port complexes globally. Expansion of the ports and logistics facilities at Sokhna and Adabiya, and establishment of maritimerelated activities including bunkering, ship building and repairs to support over 70,000 jobs. Industrial Development of over 16,250 hectares supporting light, medium and heavy manufacturing activities, as well as commercial and business activities. Capacity to host over 1,850,000 jobs. Planned new integrated communities at Ain Sokhna and new Suez City for over 260,000 residents. SUEZ CANAL ECONOMIC ZONE

11 1- About SCZone Alexandria Damietta Port Said Connectivity Domestic Modern Roads Network Cairo Sokhna Highway Road Regional Ring Road 10 th of Ramadan Cairo Alex Highway Sokhna 10 th of Ramadan Cairo Suez Ismailia Port Said 30 th June Axis Port Said Suez Eastern Road Ain Sokhna Cairo-Suez desert road Cairo-Ismailia desert road / 11

12 1- About SCZone Connectivity Linked to 6 Tunnels Port Said Tunnels Ismailia Tunnels Suez Tunnels / 12

13 1- About SCZone Connectivity East Port Said Linked to International Airports Cairo West Intl. Airport Cairo Cairo Intl. Airport New Admin. Capital Airport Almallez Airport 100 KM to Cairo Intl. Airport 170 KM to Cairo West Intl. Airport 60 KM to the Admin. Capital Airport 150 KM to Almallez Airport Ain Sokhna / 13

14 1- About SCZone Connectivity Linked to The Transport African Highways 1 Cairo - Dakar 2 3 Algeria - Lagos Tripoli - Cape town 4 Cairo - Cape town 5 6 Dakar - Ndjamena- Djibouti 7 8 Dakar - Lagos - Mombasa 9 Beira - Lobito / 14

15 1- About SCZone In 2016, Egypt was selected as one of the best-connected countries in Africa Connectivity Egypt Connectivity Index is 62.2 Egypt is the main gateway of Africa. In the container sector, Egypt has been identified as Africa s busiest corner points for maritime trade. / 15

16 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow Egypt s Free Trade Agreements ensure rapid delivery of goods to 1.8 billion consumers in Europe, Asia, the Middle East, Gulf and Africa. / 16

17 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow / 17

18 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow Egypt s Large Local Market & Young Population

19 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow Operating Costs * Based on McKenzie bench market studies (Turkey, Emirates, Jordan, Morocco, KSA and China) / 19

20 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow

21 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow

22 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow at the heart of the international trade

23 2- Investment Catalysts in SCZone Magnificence of the place creates a promising tomorrow

24 3- How To Invest In SCZone OBJECTIVE Conducive Environment Investor Relation Management Modernized Interpretation of the Law No Bureaucracy / No paperwork

25 3- How To Invest In SCZone LEGAL FRAMEWORK New Investment low Flexible Autonomous Decision in a single place

26 Investment Catalysts in SCZone EGYPT FDI, USD MILLION FDI Inflow Q12018

27 2- Investment Catalysts in SCZone

28 2- Investment Catalysts in SCZone Egypt Ease of Doing Business I

29 2- Investment Catalysts in SCZone Egypt Ease of Doing Business II

30 2- Investment Catalysts in SCZone Egypt Ease of Doing Business III

31 Taxes Incentives Investment Incentives Income Tax 50% reduction on net taxable income is granted provided: The discount shall be attributed to the investment costs of the project up to a maximum of 80%. incentive for new projects only for seven years from the beginning of the operating. Value added Tax (Incentives for financial measures to go beyond the disadvantages of other systems such as the DRAWBACK system) : The DRAWBACK system is not used in SCZone (as a result of obstacles and difficulty of retrieval and refund from the Sovereign Revenue entities). Using the VAT suspended system and will be paid if used in case of export to local market only. Customs Tax Exemption of the region from the customs tax for all imports that imported from abroad for projects : Non-export to the local market until the full exemption is enjoyed. In case of export to the local market (import into the country) the customs tax will be paid to the foreign component only. / 31

32 Investment Incentives Non Taxes Incentives The area have own customs and taxes systems. The Authority has the right to establish the tax system as well as the customs system for the region. The objective is to facilitate a good and competitive international investment environment, as well as other investment systems in Egypt. This allows for flexibility in the intervention of the Authority to change these policies and regulations when measuring their performance indicators and found it disabled the investment or disabling it. / 32

33 3- How To Invest In SCZone Dealing with investors within SCZone / 33

34 3- How To Invest In SCZone 3 days to start your business at SCZone 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 / 34

35 4- Sustainability In SCZone Competitive Opportunities and Advantages Political backing and administrative commitment Distinctive environmental quality ( green, clean and quite) Suez Canal corridor roll/ importance for Global trade. Nationally, Internationally connected Clean water and sanitation Affordable and clean energy Climate actions to minimize GHG Sustainable Development Goals (SDGs) are top priorities Clear Environmental Sustainability vision and Policy formulated These pillars are the driving forces to develop the Sczone area, and it will create add value for the products / services and will ensure the sustainability for the investments and implemented projects

36 Global Principles MEDITERRANEAN STRATEGY FOR SUSTAINABLE DEVELOPMENT MSSD Sustainable Development Regional Guidance Sustainable Development National Vision and Commitment Sustainable Development Reporting and indicators SCzone Annual Progress Report (2016)

37 Business Opportunities Co-operation Opportunities

38 4- Sustainability In SCZone Business Opportunities

39 4- Sustainability In SCZone Short Term WATSE TO ENRGY INCENIRATION PLANTS 4 projects- TC, 60 MW NEW WASTEWATER TREATMENT PLANTS 3 projects TC, 416,000 m 3 /day

40 4- Sustainability In SCZone WIND FARMS NEW DESALINATION PLANTS Medium Term 2 projects- TC, 650 MW 2 projects tc 350,000 m 3 /day SOLAR PV FIELD 3 projects- TC, 2800 MW

41 4- Sustainability In SCZone Co-operation Opportunities ( SEA for SCzone - ICT Huh for monitoring/follow up) ( Center of excellences for G G training and capacity development) (Demonstration and pilot projects fore environmental sustainability) (Renewable energy- waste to energy desalination)

42 Investment Map The newly launched investment map in Egypt

43 We aspire to the highest level of Performance and we reaffirm the vision Thank You!