Wednesday, 27 May 2026
Source: The Suez Canal Economic Zone
Egypt and China launch over $55 million in new textile investments in Suez Canal Economic Zone
AL SOKHNA, EGYPT — The Suez Canal Economic Zone (SCZONE) continues to grow as a global industrial hub, with the foundation laid today for two new Chinese textile projects worth over $55 million. The cornerstone ceremony highlighted the ongoing international interest and trust in Egypt as a prime destination for investment.
The new investments are being developed in the TEDA-Egypt industrial zone in Sokhna, northeast of Cairo, a flagship partnership between Egypt and China. Executives from both Bridge Textile International Egypt and F-Tex International attended the event, together with key representatives from the SCZONE and the industrial developer.
The two projects represent a milestone in textile manufacturing:
- Bridge Textile International Egypt will construct an integrated textile complex covering 40,000 square meters, with investments exceeding $25 million. The facility will offer administrative and residential buildings and will operate 18 yarn lines, over 100 fabric production lines, and six printing and dyeing lines. With a targeted annual output of 25 million meters of high-quality textiles and 105,000 tons of fibers, the project will create approximately 500 direct and 1,000 indirect jobs.
- F-Tex International will invest close to $30 million in a plant spanning 55,000 square meters, featuring 60 state-of-the-art production lines for stretched polyester fibers (DTY). This facility, set to reach full operations by the end of 2027, is expected to produce 130,000 tons per year and create over 400 direct jobs, while generating annual export revenues of up to $150 million.
Boosting Egypt’s role in global trade
These projects underscore Egypt’s growing role in global supply chains. “Today’s launches add real value to the Suez Canal Economic Zone,” said SCZONE Chairman Walid Gamal El-Din, emphasizing that frequent new investments from China highlight confidence in Egypt’s investment climate and the success of partnerships like TEDA-Egypt. He noted ongoing discussions to allocate an additional 10 square kilometers to TEDA-Egypt for further industrial expansion.
Gamal El-Din stressed SCZONE’s commitment to supporting and facilitating all necessary processes for investors, aiming to deliver not only added value and job opportunities but also meaningful steps towards Egypt’s industrial integration and export competitiveness. The Zone has attracted $8.6 billion in investment to 297 projects over the past three years, with $4.4 billion realized in the last fiscal year alone.
Bridge-Tex’s Zhang Lihua shared that the facility aims for $120 million in annual sales, with 80% of production destined for export to Europe and the US, contributing to Egypt’s ambition to surpass $10 billion in annual textile exports. F-Tex’s Lou Xin Rang said the project joins “the wisdom of Chinese standards and Egyptian craftsmanship” for sustainable growth, praising Egypt’s supportive business environment.
Located within easy reach of leading ports, the SCZONE’s unique geographic position and developed infrastructure allow for rapid access to regional and global markets. These projects are part of SCZONE’s efforts to localize strategic industries, boost local manufacturing, and broaden Egypt’s export base.