The aim is to encourage Turkish businesses to invest and manufacture in Egypt, taking advantage of the Zone’s competitive benefits and easy access to global markets.
Egypt’s Prime Minister announced major progress in developing the Suez Canal Economic Zone, with new investments and infrastructure turning it into a hub for jobs and exports.
The Suez Canal Economic Zone has achieved its highest-ever revenue, welcomed record-breaking investment, and created thousands of new jobs over the past year
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 factory, spanning 350,000 square meters, is expected to produce over 10 million tires annually once all phases are complete.
Egypt’s Suez Canal Economic Zone has secured its first Greek industrial investment—a $4 million garment factory creating 1,000 jobs and targeting export markets.
Egypt’s SCZone signed a $35 million deal with Turkey’s Nil Örme to build a textile factory at Qantara West, creating 2,000 jobs and aiming to export 90% of its output.
China’s EVERFAR Textile will invest $130 million in a new textile and garment factory in Egypt’s Suez Canal Economic Zone, creating thousands of jobs and strengthening the region’s appeal to Asian investors.
The new investments are being developed in the TEDA-Egypt industrial zone in Sokhna, northeast of Cairo, a flagship partnership between Egypt and China.
Egyptian company CWA’s new plant will focus on producing a range of textiles and floor coverings for domestic and international markets.
A high-level Chinese textile and garment delegation visited Egypt’s Suez Canal Economic Zone to explore expanded investment and industrial partnerships, reflecting growing international confidence in Egypt’s investment climate.
The visit is part of an integrated strategy to introduce global investors to the unique advantages and dynamic opportunities available within Egypt’s Suez Canal Economic Zone
The campaign aims to highlight investment opportunities within the Suez Canal Economic Zone, focusing on key sectors such as textiles, automotive (including electric vehicles), ports, and logistics.
Egypt’s Suez Canal Economic Zone signed a $100 million deal with TEDA Egypt to expand industrial development in Sokhna.
