March 31, 2019
Admiral Mohab Mameesh, chairman of the Suez Canal Authority and Suez Canal economic zone, received, on Sunday morning, a delegation of Ambassadors from Singapore, Malaysia, Cambodia, Vietnam, Myanmar, Brunei, Indonesia, Philippines and Thailand as representatives of ASEAN countries at the Simulation and Maritime Training Center at the Suez Canal Authority in Ismailia.
The visit expresses the desire of Asian countries to seek investment opportunities in the region’s economic projects and to exchange experiences between Egypt and Southeast Asian countries, especially in giant national projects, and to see the achievements of the region’s projects on the ground.
At the beginning, The Admiral welcomed the Ambassadors, praising the strong relations between Egypt and the ASEAN countries, as well as the industrial progress of the Asian countries, especially in the areas of interest related to the Suez Canal Authority and the Economic Zone, as shown in the agreements signed between Egypt and some countries, which related to the shipbuilding industry, ports and operation, software industry and modern technological applications.
On the other hand, Admiral Mameesh talked about the importance of the new Suez Canal and its contribution to world trade and the strong economy it reflects for the world after the operation of the region’s economic projects, which succeeded in gaining the confidence of investors, whether local or foreign. He stressed that many investors wish to establish many projects in the development axis, particularly because of the site’s advantage and its link between the Red and Mediterranean Red Sea and the Suez Canal.
Admiral Mameesh expressed his satisfaction about the visit, especially as the Economic Zone is looking forward to cooperating with all the countries of South-East Asia for their progress and development in the fields of industry and international trade. The presence of ASEAN ambassadors in the new Suez Canal will support the vision of projects such as ports, Tunnels and industrial areas on the ground. All are a testament of the success of Egypt’s current mega-projects, which will attract Asian global companies to support investments into the economic zone.
The Admiral stated that there are cooperation fields between the two countries of Singapore and Vietnam, especially in ports and shipbuilding industry, which are conducting current studies to achieve joint cooperation in the region’s projects.
He added that the Economic Zone is also looking forward to cooperating with India. Some Indian companies have expressed their desire to establish projects in the North Sector of the Economic Zone, especially after the recent successful promotional tour of the Economic Commission of India.
Following his speech, the Admiral invited the ambassadors of ASEAN countries and all the international companies in these countries to invest in the economic zone of the Suez Canal, stressing that the Authority is fully prepared to submit all studies on projects suitable for the country to support Asian investments.
During the visit, the ASEAN Ambassadors witnessed a presentation on the new Suez Canal project and the development project to learn more about the investment opportunities in the region, which will become a global logistic and industrial centre.
After the presentation, Admiral Mameesh honored Mr. Khon Von Ratanak, Ambassador of Cambodia to Egypt, with the Suez Canal Shield, who in turn presented the Shield of the Asean Group to the Admiral.