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Hyflux, Sembcorp could be in race for Suez Canal project

Economic Zone authority says it is hoping to include them as possible candidates for a power plant

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SCZone was first conceived in 1998 to create an economic zone along the world's major maritime trade route - the Suez Canal that officials said will account for 30-35% of Egypt's economic activity.

Singapore

SINGAPORE's water-treatment company Hyflux and diversified energy, water and marine group Sembcorp Industries are two potential contenders for a power plant project mooted for the northern area of Egypt's Suez Canal Economic Zone (SCZone).

SCZone Authority, the appointed

sentifi.com

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