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2 new textile factories worth $20.5m to be opened in SCZone

2 new textile factories worth $20.5m to be opened in SCZone

October 28, 2025
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Egyptian Gazette
Home Business

2 new textile factories worth $20.5m to be opened in SCZone

by Gazette Staff
October 28, 2025
in Business, Egypt
2 new textile factories worth $20.5m to be opened in SCZone 11 - Egyptian Gazette
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Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal Eddin affirmed that the Qantara West Industrial Zone is rapidly becoming a promising destination for regional and global investors, thanks to its strategic location, skilled workforce, and strong connectivity with seaports.

Gamal Eddin said the ongoing development of the zone reflects the SCZone’s success in attracting investors and establishing full value chains for the textile and apparel industry, alongside food and agro-industrial manufacturing. He made the remarks during a function to lay the foundation stones for two new textile and garment projects worth $20.5 million in total investments.

The projects are set to create 4,600 direct jobs across a combined area of 68,000 square metres.

The first project, implemented by China’s Top New Garment Group, will establish a $7.2 million integrated factory for ready-made and sportswear garments on 28,000 square metres. The plant will employ 4,000 workers, produce more than 25 million pieces annually, and export its entire output, with operations expected to begin in July 2026.

The second project, by Top Credit Textile Company, involves a $13.3 million facility for fabric and textile production over 40,000 square metres. It will provide 600 direct jobs, with an annual capacity exceeding 28,000 tonnes, and will export about 80 per cent of its production.

Gamal Eddinpraised the investors’ role in transforming Qantara West’s development plans into tangible progress, underscoring the SCZone’s commitment to fostering an integrated, competitive industrial environment.

Tags: EgyptQantara West Industrial ZoneSCZone
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