The General Authority for the Suez Canal Economic Zone (SCZONE) has signed three significant investment agreements with leading Chinese companies in the textile and ready-made garments industries, securing total investments worth approximately $52.6 million. These projects are expected to generate 3,500 direct job opportunities in Egypt’s Qantara West Industrial Zone and significantly boost the country’s manufacturing and export capacity.
The agreements were finalized during a signing ceremony held in Nanjing, Jiangsu Province, as part of SCZONE’s ongoing promotional roadshow in China. This initiative aims to strengthen industrial cooperation and attract more Chinese investments into priority sectors of the Egyptian economy.
Changzhou East Noah Printing and Dyeing Co., Ltd. will invest $20 million to build an integrated textile production facility on an 80,000-square-metre plot. This factory will handle the full production cycle from ultra-fine polyester yarns to finished home textile products such as blankets, bed sets, and quilts. With a daily capacity of 80 tonnes and an annual output of 8 million items, 90% of its production will be exported. The project is expected to create 1,000 direct jobs.
Changzhou Golden Spring Textile Co., Ltd. will invest $24 million in another facility within the same industrial zone. Occupying 85,000 square metres, this factory will produce high-quality blankets, bed linens, and padded quilts. The company plans to manufacture 15,800 tonnes of fabric and 2 million finished products annually, 90% of which will be exported to global markets including the Middle East, North Africa, Europe, and the Americas. This project is also projected to create 1,000 jobs.
The third agreement involves Jiangsu Sainty Corporation Ltd., a subsidiary of SOHO Holding Group, which will establish a $8.6 million readymade garments factory on a 40,000-square-metre site in Qantara West. The facility will focus entirely on export production and will employ 1,500 workers. With over four decades of experience, Jiangsu Sainty exports to nearly 100 countries, including the US, EU, and Canada.
SCZONE Chairman Waleid Gamal El-Dien emphasized the importance of these deals in deepening economic ties with China, one of the zone’s most strategic partners. He noted that these agreements bring the total number of Chinese projects in Qantara West to 18. The textile sector, he said, remains a top priority due to its potential for integration with auxiliary industries and its ability to create jobs on a large scale.
Overall, the Qantara West Industrial Zone now hosts 28 contracted projects, representing total investments of approximately $734.1 million across 1,794,400 square metres. These projects are collectively expected to generate more than 38,000 direct job opportunities, reinforcing Egypt’s position as a competitive hub for industrial manufacturing and textile exports.
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