Monday, 25 May 2026
Turkish textile company KCG announces $24 million expansion in Egypt
Turkish textile leader KCG has announced a significant new investment of $24 million to expand operations in Egypt’s 10th of Ramadan industrial zone.
This milestone was celebrated with a ground-breaking ceremony attended by Egypt’s Minister of Foreign Trade and Investment, Hassan El Khateeb, the Head of the General Authority for Investment and Free Zones, Hossam Heiba, Turkey’s Ambassador to Cairo, Salih Mutlu Şen, KCG owner Yılmaz Küçükçalık, and several senior company officials.
KCG, which has been operating in Egypt since 2007, is a prominent player in the textile sector, exporting high-quality products to leading global brands and markets.
The company’s sustained commitment to Egypt is reflected in this latest investment, which is expected to create approximately 2,300 new job opportunities for Egyptians when the new facility becomes operational in October 2025. Currently, KCG employs around 1,800 staff in Egypt, and this expansion will provide an additional 500 jobs.
With a total investment in Egypt now reaching $65 million, KCG aims to boost its annual exports to $100 million. The new investment not only expands the company’s capacity, including apparel production, but also strengthens its role as a reliable supplier to major international fashion and home textile brands.
During the ceremony, Turkish Ambassador Salih Mutlu Şen warmly welcomed the expansion, praising the strong historic and social ties between Turkey and Egypt, as well as the growing economic partnership.
“Our close geographical, cultural, and social proximity, together with strong transport networks and a supportive investment climate, make Egypt a natural and essential destination for Turkish investment. Turkish investments and trade will no doubt continue to flourish.”
Ambassador Şen also highlighted the importance of regional peace, stability, and development. “Our peoples – and indeed, the whole region – deserve peace and new opportunities. Economic cooperation is now a cornerstone of Turkish-Egyptian relations, paving the way for shared growth.”
KCG’s portfolio in Egypt, covering approximately 200,000 square meters, includes a broad range of home and apparel textiles, such as window curtains, bed linens, decorative pillow covers, tablecloths, upholstery fabrics, and more. In addition to its production sites in Turkey and Egypt, KCG maintains sales offices in the United States, United Kingdom, and China.
Looking ahead, KCG also revealed plans for further investment in Egypt in 2026, a sign of its long-term commitment to the Egyptian market and workforce.
Minister Hassan El Khateeb echoed his appreciation for the fast-paced and high-quality investments brought by Turkish companies, expressing optimism for deepened economic relations between the two nations.