​​​​Strategic location:​​

MDC is located North-West Suez Golf and obsess over 20 KM 2, surrounded by the main roads and ports (sokhna port and adabyia port) in SCZone.

- In 2002, The Government of Egypt enacted Law No. 83 to announce the formation of the special economic zone north east gulf of Suez with a total area 20 square km with special (Tax and customs) incentives and benefits to boost the investment climate in Egypt.

- In 2015 Law No 27 was enacted to announce the expansion of the economic zone to be 460 square km located in 3 main cities (Sokhna, Ismalia and Port Said) in addition to 6 strategic ports (Sokhna – adabeya – east and west port said – Arish and tor ports).

- In 2017 the new investments law No. 72 was enacted which added more tax incentives for the Sczone as it was categorized as part of the regions targeted with development.

- MDC area is surrounded by the most important main roads in sokhna zone. Suez zaafarana road allocated in the east, the old Cairo sokhna road northern MDC area and the new Cairo sokhna road in the south of MDC.
 
Start Location

Investment Opportunities

Being responsible for land development of SCZone, it intends to maximize the potential of the entire Project and represents the spirit of a modern advanced economic, industrial and services zone that contributes to visible advancements of the business environment in Egypt providing added economic value.

This industry mix is largely based on supply-side considerations. These industries were assessed based on emerging trade and investment trends in the region and the potential for positioning SCZone to serve local, regional and key export markets in Europe, Asia and North America.

Business​-​Friendly Process

MDC provides a clear business-friendly process for investors to accelerate licenses procedures, as well as obtaining land, building and labor permits through co-ordination with SCZone.
Business-Friendly Process

Projects financing

MDC offers developers financing through local and international funding institutions and banks as the loans could be guaranteed by the usufruct rights of the SCZone land.​

Business Partnership

MDC could be strategic business partner in the proposed projects to support SCZone investment strategy and achieve MDC business development goals.

Competitive Costs

MDC is dealing with usufruct rights system to reduce the land initial cost but to pay in equal annual rents to support developers and investors financial situation during the construction and operation phases.

SCZone provides competitive corporate tax rates.as well as Diesel, Electricity, & Water costs are low compared to bench-marked locations. Lowering costs associated with labor, facilities, and utilities, input, and logistics costs provides investors with the key to gaining competitive advantages.

​​​​Market Access​​

The S​CZ​one's multiple port facilities ensure rapid delivery of goods to 1.8 billion consumers in Europe, Asia, the Middle East and Africa. The Egyptian domestic market of 92 million people is also within easy reach.​

International trade agreements, which further enhance market access include:
  • Greater Arab Free Trade Area​ (GAFTA) entered into force in 1998, the objective of the Agreement is to create an Arab free-trade area by 2007
  • Egypt-EFTA (Iceland, Liechtenstein, Norway and Switzerland) free trade agreement
  • Egypt-EU Partnership Agreement (The agreement aims at increasing the flow of foreign capital, expertise and technology to Egypt).
  • Agadir Agreement (free trade zone among the Arabic Mediterranean Nations)
  • COMESA Agreement (Common Market for Eastern & Southern Africa)
  • Egypt-Turkey Free Trade Agreement (To promote trade and co-operation between the Parties).​
  • Qualifying Industrial Zones (QIZ)​

​​​​​​Incentives​​

Companies operating within the SCZone are entitled to:

  • 100% foreign ownership of companies
  • 100% foreign control of import/​export activities
  • Imports exempt from customs duties and sales tax
  • Customs duties on exports to Egypt imposed on imported components only, not the final product
  • Fast-track visa services
  • The One-Stop- Shop: One-Stop-Shop provides investors with registration and after registration services.

​​​​​​Infrastructure​ and Logistics​

State-of-the-art energy, water, waste management, telecommunication, and transport facilities ensure the smooth functioning of the SCZone. Excellent roads, railways and six strategically-located ports in addition to five huge tunnels serving suez canal coridor which places SCZone companies ahead of the competition.