40 مليون دولار| مشاريع صناعية في اقتصادية قناة السويس

$40 Million | Industrial Projects in the Suez Canal Economic Zone

In a new step to strengthen the position of the Suez Canal Economic Zone as an attractive hub for industrial investments, a contract was signed to establish an industrial project by a Chinese company, with a total investment of $40 million, within the Qantara West Industrial Zone.

Project Details

The new project, specialized in the production of microfiber textiles, will cover an area of approximately 100,000 square meters and is expected to provide around 500 direct jobs, according to an official statement issued by the authority.

The Chairman of the Suez Canal Economic Zone confirmed that this project comes as part of the authority’s strategy to attract integrated industrial clusters in the Qantara West area, contributing to:

1. Deepening local value chains

2. Supporting the state’s efforts to localize targeted industries

3. Enhancing the competitiveness of Egyptian industry

New Chinese Investments in Qantara West

The Chairman also highlighted that the authority has developed the Qantara West area, equipping it with integrated infrastructure and world-class facilities, making it a leading industrial hub regionally and globally, especially in the sectors of:

1. Textiles

2. Ready-made garments

3. Food industries

He pointed out that the authority’s strategy relies on several key pillars, including:

1. Establishing specialized industrial zones capable of attracting high-quality investments.

2. Achieving full integration between industrial zones and the authority’s seaports.

3. Enhancing access to global markets through a sophisticated and interconnected logistics system.

Qantara West Industrial Zone Statistics

The Qantara West Industrial Zone has so far successfully attracted 47 projects across industrial, service, and logistics sectors:

1. With total investments exceeding $1.225 billion

2. Providing around 63,600 direct jobs

3. Covering a total area of 2.9 million square meters

Investment Opportunities

A great opportunity is now available for local manufacturing and export. Contact us today to speak with one of our company’s expert consultants.