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Alexandria for Industrial Development (A.I.D)
is working in cooperation with China-Egypt TEDA Suez operating at Suez Canal Economic Zone (SCZone).
A.I.D is providing a one stop solution to help our customer to transform its industrial vision into reality, offering different range of services through Alex Group members and other partners.
Suez Canal Economic Zone (SCZone) is a unique location, Located around the main international maritime route “Suez Canal passageway”, which connects Europe, East and North Africa via the Suez Canal with Asia passing through Arabian Gulf serving the majority of global trade,
SCZONE aims to be one of the main logistics hubs in the region, supported by a number of mega infrastructure projects, especially logistics projects, such as doubling the pathways of the Suez Canal to minimize passing time, cost of operation and attract more vessels and cargos.
Embrace a range of financial incentives designed to support and boost your investment within our economic zone. Explore the following incentives available to investment projects:
Enjoy a customs tax exemption on all necessary project materials and tools imported from abroad, as well as on re-exports.
When exporting to the local market, customs tax is only applicable to foreign
components.
Benefit from a 0% Value-Added Tax (VAT) rate within the economic zone for imports originating from the local market or abroad.
This includes all procurement requirements for manufacturing, production, and operations, such as raw materials, components, and spare parts.
A 14% VAT rate is applicable when exporting products from the economic zone to the domestic market.
Investment Incentives on Income Tax:
Investment projects receive a substantial investment incentive in the form of a deduction from net taxable profits, amounting to 50% of the total investment costs.
The investment incentive is capped at 80% of the paid capital, with a discount period not exceeding seven years from the date of commencing the business activity.
These financial incentives are tailored to enhance your business operations, reduce costs, and encourage investment growth within our economic zone. Take advantage of these opportunities to drive your business towards success.
We are strategically located in key trade zones with significant access to numerous global markets through various trade agreements. These agreements offer enhanced opportunities for businesses aiming to expand their reach and establish international partnerships. Find out more about the trade agreements we are part of:
Our parks provide access to 20 African countries through the COMESA agreement, including Angola, Egypt, Kenya, Rwanda, and Zambia, among others.
Benefit from trade access to Egypt, Jordan, Morocco, and Tunisia under the Agadir Free Trade Agreement.
Connect with a wide range of Arab nations, including Egypt, Lebanon, Saudi Arabia, and the United Arab Emirates, through the Greater Arab Free Trade Area.
Experience seamless trade with 15 EU countries through the Egyptian-European Partnership free trade agreement.
Access markets in Switzerland, Norway, Liechtenstein, and Iceland under the Egypt-EFTA Agreement.
Expand your trade horizons with countries such as Argentina, Brazil, Colombia, and Venezuela through the Egypt-Mercosur Free Trade Agreement.
Enjoy streamlined trade processes between Egypt and Turkey with the Free Trade Agreement in place.
Prepare for future trade opportunities within Africa through the upcoming African Free Trade Agreement.
Leverage access to Egypt, Jordan, and the U.S. market with preferential trade conditions within Qualified Industrial Zones.
