| | |
|
Kampala Industrial and Business Park, Long Đức Industrial Park, Engineering Square (industrial park) |
East Port Said Industrial Zone - ep - is an industrial park with a total area of 1600 ha. The main developer and promoter of the park is East Port Said Development Co; the park is located in Egypt at the northern end of the Suez Canal Special Economic Zone (SCZone).
As per the law of Economic Zones of a Special Nature 83/2002 and its amendments in 2015, the zone provides the following investor incentives
0% tax and duties on all machines, tools, and raw materials are as long as they are produced for export uses0% tax on revenue from bonds, loans, and credit facilities0% tax on profits resulting from merger, division or change in legal form of companiesCompetitive income tax rate on the net profitCompetitive tax rate on wages, salaries, bonuses, incentivesCustoms, sales tax, and all other taxes and duties imposed separately on imported components once such products are releases from customs to enter the local market50 years land lease with the opinion to lease the facility or construct your own one.The park includes medium and light industries such as
Automobile Assembly PartsConstruction and Building MaterialHome Appliances and ElectronicsTextile and Ready-made GarmentAgri-Business and Food ProcessingPharmaceuticalICTGeneral IndustriesEast Port Said Industrial Zone Wikipedia (Text) CC BY-SA
