Transcript Suez Canal Area Development Project

SUEZ CANAL AREA
DEVELOPMENT PROJECT
A 21st CENTURY ECONOMY
The SCADP’s vision is to
“Exploit the enormous potential of the Suez Canal;
to develop a vibrant, internationally competitive
economy that is a magnet for international
investment, stimulates substantial employment
opportunities and transforms the region into a
world-class, global logistics hub and industrial
processing centre that provides gateways to both
the European and Asian markets.”
ONGOING WORK
A Study to develop the SCADP is currently
underway. It is comprised of 6 main activities:
Formulating
a
sustainable
REGIONAL
DEVELOPMENT STRATEGY to guide the socioeconomic development of the region to 2050.
This Strategy builds upon the region’s
competitive advantages, capitalises upon
opportunities and addresses current constraints.
Translating the Strategy spatially into a regional
INTEGRATED MASTERPLAN, building upon
current linkages and ensuring integration of
industrial and urban nodes. Infrastructure,
transport, residential and community facility
needs to support the masterplan are identified.
Detailing MASTERPLANS for sites which have
been identified as potential catalysts for the
development for the region, and highlighting
priority projects within them. Feasibility studies
ensure they are technically and financially
sound.
Developing
an
INWARD
INVESTMENT
STRATEGY which identifies investment needs
and potential opportunities. This includes
recommending
a
suitable
supporting
institutional structure, developing a marketing
strategy and a plan for a roadshow.
Estimating benefits which will be derived from
the project, and identifying potential risks,
through a STRATEGIC IMPACT ASSESSMENT.
Raising public awareness and support for the
project by engaging with the media through a
MEDIA AND COMMUNICATIONS PLAN.
NATIONAL BENEFITS
Development of the areas surrounding the Suez Canal,
and establishment of new urban, industrial and
economic zones.
Creation of job opportunities through increased
economic activity, which will contribute to decreasing
the unemployment and poverty rates in Egypt
Attraction of new investment, which will contribute to
the State's Treasury and be reflected on Egypt’s Public
budget and services offered to citizens.
Improvement in global confidence in Egypt’s national
economy, and the country’s ability to carry out global
economic Projects.
HIGH-VALUE ACTIVITIES
As an integrated plan, all economic sectors are
included in the SCADP. However, with a view to
delivering upon the objectives of the Project, five
priority sectors have been identified. These sectors
embody the potential to transform the region into an
international industrial and logistics hub, which is at
the heart of international trade.
Manufacturing
Transport
& Logistics
Maritimerelated
activities
ICT
Energy
CATALYST SITES
From a long list of potential sites, priority sites, based
on their ability to catalyse development in the region,
were selected. Criteria used in the selection included:
Financial Feasibility/ Profitability
Socio-economic Impact
Project Readiness and Ease of Implementation
Environmental Impact
Public and Political Support
GEOGRAPHIC SCOPE
The SCADP involves developing a Regional
Development Strategy for the areas in the
hinterland of the Suez Canal . More specifically, an
area of ‘core influence’ has been defined.
Identified priority sites include Port Said East and
Ain Sokhna. Strategically located at the 2
gateways of the Canal, these sites offer high
potential to be developed into global hubs for
port, logistic and industrial activities. Opportunities
around Ismailia are also being developed.
Suez Canal Authority:
• The Suez Canal Authority (SCA) is a public independent authority.
• The SCA is responsible for undertaking any affairs related to the Suez Canal Facility, its
management, usage, maintenance, and improvement. The SCA is the sole entity authorized to issue
and enforce regulations related to navigation in the Canal, in addition to other regulations that
ensure a well and orderly run canal.
• The SCA is the main entity responsible for managing and supervising the SCADP in cooperation
with several ministries and authorities including; the Ministry of Housing and Urban Communities,
the Ministry of Transportation, the Ministry of Planning and the Ministry of Investment. The
Chairman of the SCA is also the Chief Executive Officer of the SCADP.
Dar Al-Handasah:
• The development of the SCADP masterplan is being undertaken by a consortium of consultants. This
consortium includes some of the largest local and international consulting firms, headed by Dar AlHandasah (Shair and Partners) and Dar Al-Handasah Egypt Ltd.
• Dar Al-Handasah is an international multi-disciplinary consultancy institution specialized in the fields
of engineering, architecture, planning, economics and financial advisory, environment, and project
management.
• It is one of the top ten international consulting firms in the world with design offices in Egypt,
Lebanon, United Kingdom, India and Jordan, in addition to 40 regional operation offices across the
world.
• In Egypt, Dar Al-Handasah has implemented more than 130 projects in the fields of planning, public
buildings and facilities, airports, feasibility studies and project management among others.
For more information please contact:
Suez Canal Authority
Tel: +2 (064) 3392060
Fax: +2 )064( 3914784
Email: [email protected]