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North West Gulf of SUEZ Special Economic Zone SE Zone A Unique Business Opportunity in Egypt

North West Gulf of SUEZ Special Economic Zone SE Zone A Unique Business Opportunity in Egypt. Overview. Business Opportunity Project concept Vision & Value Proposition Key stakeholders SE Zone Institutional Framework and Location SE Zone Authority & MDC Physical perspective

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North West Gulf of SUEZ Special Economic Zone SE Zone A Unique Business Opportunity in Egypt

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  1. North West Gulf of SUEZ Special Economic Zone SEZone A Unique Business Opportunity in Egypt

  2. Overview • Business Opportunity • Project concept • Vision & Value Proposition • Key stakeholders • SEZone Institutional Framework and Location • SEZone Authority & MDC • Physical perspective • Infrastructure and labor access • SEZone/MDCMain Contacts

  3. SEZone Project Concept • SEZone Site: 20.4 Km2 • Legal Framework: Special Economic Zone Regime Established by Law 83 of 2002 • Governance Model: SEZone Authority Regulator/Main Development Company (MDC), the development arm of the authority. • Development Approach: Attract private sector to lead on-site development (zone and utilities), management, operation and promotion through internationally recognized contractual arrangements (PPPs, BOTs, IPPs, etc.) • Projected industry mix • Light manufacturing. • Medium Industries • Logistics and Added Value Services

  4. Vision & Value Proposition • Vision • To become a premier international investment destination by creating a superior Business Environment for attracting investments to Egypt while ensuring maximum benefits to the local community that upgrades their quality of life. • Value Proposition • Provides investors with a strategic location that offers the lowest production cost and most comprehensive Market access program in the MENA region and beyond.

  5. Why SEZone ? • Single regulator empowered by a robust legal framework • Superior site location that provides value to end user • Preferential market access programs unlike any other • Demand driven value proposition • Well established industrial area among adjacent developers • Modern port facilities • Recently upgraded highway network • Access to workforce and opportunities in infrastructure • A market driven opportunity

  6. Business Licenses SEZone Authority Zone Developer Sub-Lease End Users Development Agreement and Usufruct License Agreement Potential Participation MDC PPP Concessions Utility SPVs End Users Service Agreement Electricity Water Other Framework of Stakeholders

  7. Single Regulator “SEZone Authority Board of Directors” The Authority is managed by a Board of directors formed by virtue of a Decree of the Prime Minister. The Board Of Directors shall consist of: Chairman of the Authority as head of the Board Of Directors, Rep. from Ministry of Trade & Industry, Rep. from Ministry of Agriculture, Rep. from Ministry of Finance, Rep. from Ministry of Housing, Rep. from Ministry of Transport, Rep. from Ministry of Civil Aviation, Rep. from Ministry of Electricity, Rep. from Ministry of Environment, Governorate of Authority’s location, 2 financial experts, 1 expert in legal affairs, and 3 Rep. from development companies and investors.

  8. Law 83 Institutional Framework Friendly & Predictable business environment Socio Economic Enabler • Single Regulator • OSS • Incorporation, licensing and • permits • Risk-based inspection • Environmental protection • Customs management • Tax collection • Int’l Labor practices • Dispute resolution • Transportation • Training • Maintenance Centers • On-site housing facilities • On-site banking facilities • Childcare facilities • Conference centre • Common bonded warehouse facilities • Commercial centre • Incentives & Guarantees • 10% Corp. tax • 5% Personal Income tax • Duty & Tax Free Economic Zone • Market Access (QIZ, COMESA, AFTA, EU Partnership) • Access to local market • Duties on imported components only upon export to local market • Investments Guarantees (Law 83/2002)

  9. Main Development Company • On-site Developer(s) tender/contract management • Single or multiple developer • PPP/SPVs • Infrastructure • Utilities • Management • Maintenance

  10. SEZone SEzone A Global Unique Location A Strategic location on main international ocean trade routes

  11. Port Said A Smart Location Alexandria • Adjacent to the new Port at Sokhna • Only privately managed port in Egypt • Ideally located for added value logistics • Direct access to Mediterranean & Indian Ocean • Proximity to major Export/Import international markets • One of the best global locations for JIT transit operations HUB • 120 km south east of Cairo and 45 km south of Suez City • Approximate adjacent population: 20 Million Cairo SEZone Suez Governorate

  12. Alexandria El Areash 320 km 240 km Suez 24 km Cairo 120 km Ain sokhna Saint Catherine 280km 345 km El Tor 450km 460 km 313km Sharm El Sheikh Assiut El Hurghada Roads

  13. Damietta Alexandria PortSaid El Areash Matrouh 497.4 km 261.5 km 442.4 km 240.2 km 340.2 km Suez 45.6 km 234.4 km Ain sokhna Nuweiba 215.2 km El Tor 420.8 km Safaja 550.7 km El Qoseir Ports

  14. Alexandria El Areash 283.5 km Borg Elarab 290.6 km 105.6 km Cairo Ras Nebk 257.2km 105.6 km Ain Sokhna 280km Saint Catherine 345.4 km El Tor 410km 320.6 km Sharm El Sheikh 313.3 km Hurghada Assiut Air Ports

  15. 45 km Suez SEZone Cairo Sokhna Port 110 km

  16. New Airport Proposed Location New City Proposed Location

  17. Infrastructure and Utilities:Challenge and Opportunity • SEZone is committed to provide utilities requirements up to the borders of the zone • Main Development Company (MDC) or through other selected prominent zone developers to provide utilities within the zone borders. • A Unified Infrastructure Corridor…among SEZone/MDC and adjacent developers is being studied and planned for the whole Sokhna Industrial Area, so as to: Build modern & efficient infrastructure to provide water, power and waste management services through PPP/SPVs.

  18. SEZone Labor Sources • Labor source for the SEZone: • Cairo and the Suez Governorate: Combines population of 20 Million • Current jobs: Estimated 15,000 people working in adjacent projects • SEZone To Facilitate Solutions For Massive Future Job Creation • Immediate: Mass transportation system • Accommodate initial employment surge derived from SEZone’s development and existing operation’s expansions • Dedicated transportation system for movement of people to and from the SEZone • Mid to long term: Development of the Ain Sokhna New City • The Ministry of Housing has allocated land within 10 kilometers of the site to develop the Ain Sokhna City • SEZone is a member of the Sokhna City’s project steering committee to ensure development of urban center within timelines that anticipate the projected labor needs of the area. 21

  19. SEZone Proposed Industries • Medium: Such as • Accommodate initial employment surge derived from SEZone’s development and existing operation’s expansions • Dedicated transportation system for movement of people to and from the SEZone • Light Industries: Such as • Accommodate initial employment surge derived from SEZone’s development and existing operation’s expansions • Dedicated transportation system for movement of people to and from the SEZone 22

  20. SEZone/MDC Main Contacts Regulator The General Authority for Special Economic Zone North West Gulf of SUEZ (SEZone) Site Location: Ain Sokhna – North West Economic Zone – Third & Fourth Industrial Sector, SUEZ, Egypt Mailing Address: P.O. Box (2720) Horriya, Heliopolis, Cairo, EG Tel: +20-62-3710421 Fax: +20-62-3710423 E-mail: info@sezone-egypt.com Developer The Main Development Company (MDC) Address: 3, Hassan Sabry Str, Zamalek, Cairo, EG Tel: +20-10-8808360 Fax: +20-2-27355649 E-mail: mdc@mdc-egypt.org

  21. Thank You

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