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SCZone Signs $85 Million Deal with China’s Jiangsu Zhengyong for PVC Flooring Plant

Summary by Sada El Balad
The General Authority for the Suez Canal Economic Zone (SCZONE) signed an agreement with China’s Jiangsu Zhengyong Flooring Decoration Material Co. to establish a new PVC flooring and wall panel manufacturing facility in Ain Sokhna, with an investment value of $85 million (approximately EGP 4.1 billion).
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Sada El balad broke the news in on Friday, August 15, 2025.
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