Another Chinese company kicks off construction in the SCZone: Chinese luggage manufacturer Hangzhou Henneway Travel Goods — whose client brands include Samsonite, Swissgear, Travelite, and Delsey — kicked off construction on its USD 50 mn factory in the Suez Canal Economic Zone’s (SCZone) Qantara West Industrial Zone, according to an SCZone statement. The factory is set to cover 120k sqm area and is expected to create some 3k new job opportunities in the region.

We knew this was coming: The Chinese manufacturer inked the agreement with the SCZone back in December 2023, with the original project kickoff date set for 1Q 2025.

What they said: SCZone head Walid Gamal El Din noted that the Henneway project “enhances the SCZone’s cooperation with Chinese investors, whose investments have now exceeded USD 3 bn.” He added that the project will bolster the zone’s position as a regional industrial and commercial hub, particularly in the luggage manufacturing sector.

**Want to know more about Chinese industrial investments in the country? In a recent Inside Industry we took a deep dive into growing Chinese industrial investments and government efforts to attract more Chinese capital across various sectors.

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