Chairman of the General Authority for Suez Canal Economic Zone (SCZONE), Waleid Gamal El-Dein, attended the groundbreaking ceremony for the Treegas project, a station for the filling and manufacturing of composite liquefied petroleum gas (LPG) cylinders made from fiberglass, located within the Sokhna Industrial Zone under the Egyptian-Chinese joint venture Main Development Company.
The project spans an area of 10,400 square meters, with a total investment cost of €14 million, or about EGP 310 million. The project will be implemented over two phases. The first phase includes building a factory to manufacture and fill composite LPG cylinders, with an annual production capacity of up to 500,000 cylinders, using advanced technology that meets international standards. It also involves the transfer and localization of the technology, developing the necessary infrastructure, and generating 250 direct jobs.
The second phase aims to set up assembly lines for gas regulators and pressure valves for the composite cylinders produced in the first phase, with an additional investment cost of €7 million. This phase focuses on the technology for manufacturing these components.
The groundbreaking ceremony was held in the presence of Ivan Jukl, Ambassador of the Czech Republic to Egypt; Amany Eid, CEO of EBDA, and several senior executives from SCZONE.
