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Mostafa Sheikhon, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), met with a delegation from the Hong Kong Trade Development Council (HKTDC) on October 18, 2026, to discuss potential industrial and investment cooperation and explore opportunities across the zone’s industrial areas.

The HKTDC delegation was headed by Jackie Cheung, Assistant Executive Director of the council, and included Daniel Lam, Regional Director for the Middle East and Africa, and Nassif Mahfouz, the council’s Middle East Director. Senior SCZONE officials also attended the meeting.

SCZONE Seeks to Expand International Investment Partnerships

During the meeting, Sheikhon welcomed the delegation and highlighted SCZONE’s commitment to strengthening engagement with Hong Kong’s business community and identifying new opportunities for industrial and investment cooperation.

He pointed to the zone’s strategic location, the integration of its industrial areas with seaports, its advanced infrastructure and investment incentives as key advantages supporting investors and facilitating the establishment of new projects.

Sheikhon said the diversity of projects operating across SCZONE’s industrial areas in different sectors demonstrates the zone’s attractiveness to international investors.

He added that SCZONE continues to promote its capabilities and competitive advantages, expand its investor base and strengthen international partnerships in support of industrial localization and increased exports to regional and global markets.

Hong Kong Eyes Electronics and Logistics Opportunities

Jackie Cheung expressed HKTDC’s interest in strengthening cooperation with SCZONE, noting that Hong Kong serves as an important platform connecting businesses with global markets and supporting the expansion of their international operations and investments.

He said the visit was aimed at exploring potential areas of cooperation and gaining a closer understanding of SCZONE’s industrial and logistics capabilities.

Cheung also highlighted opportunities to expand cooperation into new sectors, including electronics and logistics, alongside garments and textiles.

Such cooperation could support new industrial and commercial partnerships while opening additional opportunities for companies seeking access to markets across the Middle East, Africa and Europe.

HKTDC Delegation Tours Sokhna Industrial Zone

Following the meeting, the delegation toured the Sokhna Industrial Zone to explore its investment potential and industrial activities.

The visit included a tour of the TEDA-Egypt industrial developer, as well as visits to Viva Turf, which specializes in artificial grass manufacturing, and F-Tex International, a manufacturer specializing in yarn production.