Egypt and Oman held discussions on August 31 aimed at strengthening cooperation in economic, free and industrial zones. The objective is to improve economic integration, stimulate investment and promote trade between the two countries.

Cooperation around economic zones represents an increasingly important model for Africa. Egypt has one of the continent’s most developed industrial and logistics systems, particularly around the Suez Canal Economic Zone.

The country is using these infrastructures to attract foreign investors and develop export-oriented production capacity. Oman, meanwhile, has extensive experience in developing economic and industrial zones.

Industrial zones are becoming regional platforms

Cooperation between the two countries could facilitate exchanges of experience in tax incentives, infrastructure, customs procedures, investor services and industrial-zone management.

It could also encourage companies seeking simultaneous access to African, Arab and Asian markets. For Africa, the challenge is to transform Special Economic Zones into genuine industrial hubs rather than simply tax-incentive areas. Their success will depend on connectivity with ports, energy networks, local suppliers and markets.