Turkish Ambassador to Egypt, Salih Mutlu Şen, has reported a major new development in regional industrial cooperation, announcing that Polaris International Parks is launching a $50 million industrial zone project in Sedat City. The initiative, led by General Manager Osman Arıkan, will span 1.3 million square meters and is set to accommodate 200 factories, marking a significant step forward in strengthening Turkish-Egyptian economic ties.
According to Arıkan, the new industrial zone reflects Polaris’s strategic vision to foster large-scale, high-impact industrial growth in key locations across the region. With a focus on infrastructure readiness, investor attraction, and export potential, the Sedat City project is expected to become a major hub for advanced manufacturing and logistics.
The project underlines the growing momentum in Turkish-Egyptian industrial collaboration, with Ambassador Şen emphasizing the importance of such ventures in expanding bilateral trade, creating employment opportunities, and supporting long-term development in both countries.