SCZONE marks €175 million milestone with groundbreaking of new glass factory, solar power plant

SCZONE marks €175 million milestone with groundbreaking of new glass factory, solar power plant

Saint-Gobain breaks ground on its third glass factory in Egypt’s Sokhna zone, investing €175 million on a 200,000 sqm facility in the presence of Waleid Gamal al-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), Eric Chevallier, French Ambassador to Cairo, and Hadi Nassif, CEO of Saint-Gobain for the East Mediterranean and Middle East cluster.

Expected to produce 10 megawatts of power, the plant should also help reduce carbon emissions by roughly 6,000 tons.

“I’m glad to witness the groundbreaking for a new project for the French company Saint-Gobain, which represented the great partnership between SCZONE and French investments. The glass production project is a necessary need, which could be one of the complementary industries within Egypt’s plans to localize automotive industries in the East Port Said industrial zone,” al-Dien said.

“SCZONE also cooperates with French investments in green fuel production and the field of logistics in addition to many other industries, which confirms the depth of relations and common economic goals, whether in manufacturing or the practices that are consistent with clean energy and sustainable product production. The robust infrastructure, development of ports, trained technical labor, and the availability of energy resources are the greatest supportive investment incentives,