SCZONE And A Dutch Consortium Join Forces To Boost Green Fuel Investment

171
Credit: Port Technology

The General Authority for the Suez Canal Economic Zone (SCZONE), the Dutch consortium, and the city of Rotterdam have signed a cooperation agreement aimed at attracting investments in green hydrogen production plants and infrastructure.

Green Hydrogen Forum

Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), obtained a Dutch delegation of officials of the Embassy of the Kingdom of the Netherlands in Egypt, representatives of Rotterdam City, and officials of the consortium led by the Egyptian Dutch Company for Business Development of Companies – which is working in the Field of Energy and Green Hydrogen at SCZONE’S Sokhna headquarters.

This came in light of SCZONE’s participation in the Global Hydrogen Forum in Rotterdam last May at the invitation of the Dutch government.

Green Fuel

During the meeting, SCZONE Chairman signed a cooperation protocol with the Dutch consortium and Rotterdam City.

The protocol intends to attract investments in establishing green hydrogen production plants and facilities. The produced green fuel will be used for supplying all kinds of vehicles.

According to SCZONE, the Dutch government will provide technical support for studies on these projects.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Port technology