Monday, 25 May 2026
Egypt’s Suez Canal Economic Zone welcomes $10 million Chinese investment in textile packaging Industry
The Suez Canal Economic Zone (SCZone) has signed a $10 million investment contract with China's Haiyan Ximei, a leading provider of textile and garment packaging and printing solutions, marking a significant step towards industrial localization and economic growth in the region.
The new facility, to be established in the Qantara West Industrial Zone, will occupy 30,000 square meters and is set to create approximately 160 direct jobs. The project's vision aligns with Egypt’s national economic strategy focused on industrial integration, reducing reliance on imports, and boosting exports. Impressively, 70% of the plant’s output is targeted for international markets, while also supplying local garment and textile manufacturers currently under development in Qantara West.
Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, emphasized the importance of this venture: "We are making steady progress in localizing and deepening industry, attracting complementary sectors like packaging, printing, and accessories to form a fully integrated textile cluster. This supports our national narrative for economic reform and export-driven growth in Egypt."
The agreement was signed by Mr. Walid Gamal El-Din and Mr. Weiguo Wang, Chairman of Haiyan Ximei, in the presence of Egyptian and Chinese officials.
Haiyan Ximei is renowned for its advanced packaging materials, including RFID-enabled solutions, color cards, hangtags, woven labels, and more. The company’s technological prowess will bring new capabilities to Egypt’s fast-growing textile industry, including technical support and design assistance.
Qantara West has already attracted 40 projects across various industrial and logistics sectors, occupying a combined 2.47 million square meters and drawing over $1 billion in investments, generating upwards of 55,000 direct job opportunities.
With a strategic location bridging Africa, Asia, and Europe, and robust infrastructure connecting ports and factories, the SCZone continues to make headway as a major destination for global industrial investments.