A Theoretical Framework for FDI Promotion Strategies in Egypt's Suez Canal Economic Area

The Suez Canal Economic Area (SCEA) represents a modern and comprehensive economic free zone corridor connecting East and West in the world's international trade. The state's fundamental goals in establishing the SCEA are to attract diverse categorizations of foreign direct investment (FDI), creating numerous new areas for investment in the fields of trade, services, and groundbreaking new technologies. The main goal of this encompassing framework is to provide the state with detailed and strategic recommendations on this basis, thus proposing a robust and extensive framework for attracting pioneering new investments to the Suez Canal Economic Area. It propounds a dynamic and forward-thinking policy framework to effectively redefine and reshape the future role of the Suez Canal Economic Area, considering the ever-evolving changes in external conditions and encompassing internal structures. The comprehensive study sets up and outlines a significant number of imperative basic objectives that span across both the general and sectoral domains, specifically aimed at fostering the development of novel and stimulating business opportunities to profoundly contribute to the non-traditional and groundbreaking elements of future industry in the Suez Canal Economic Area.