# SCZone in talks with Siemens and GE for EUR 400M wind turbine blade factories in Egypt

The Suez Canal Economic Zone is finalizing negotiations with Siemens and General Electric to establish two wind turbine blade factories at a total cost of EUR 400 million. Land allocation is expected within the year.

- Type: New facility
- Announced: 2017-01-23
- Where: Suez Canal Economic Zone, Egypt
- Value: $430.0M (400.0M EUR)
- Status: rumored
- Products: wind turbine blades
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (investor)
- [General Electric](https://endata.com/companies/1262.md) (investor)
- [Suez Canal Economic Zone](https://endata.com/companies/13025.md) (partner)

## Sources

- [enterpriseam.com](https://enterpriseam.com/egypt/2017/01/23/sczone-finalizing-talks-with-siemens-ge-for-eur-400-mn-wind-turbine-blade-factories/), 2017-01-23: "The Suez Canal Economic Zone (SCZone) is finalizing negotiations with Siemens and General Electric to establish two wind turbine blade factories at a total cost of EUR 400 mn."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.