SCZone secures USD 38 mn in fresh investments: The Qantara West Industrial Zone will welcome two new projects with combined investments of USD 38 mn following agreements with the Suez Canal Economic Zone (SCZone), according to a SCZone statement. The new projects — one in food manufacturing and the other in home textiles — will come online during 4Q 2025 and create 1.5k jobs.

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China’s Kelida commits USD 30 mn: Chinese textile manufacturer Kelida will set up a USD 30 mn factory in the industrial zone, creating 1k direct jobs. Over 90% of the factory’s output will be earmarked for exports, with a focus on European and US markets.

Turkish snackmaker Saray Biskuvi will set up a USD 8 mn food manufacturing facility, creating 450 direct jobs. The new plant will export 90% of its production to international markets.

What they said: With the two new projects, the first phase of the Qantara West Industrial Zone will now house eight projects with total investment of USD 309 mn, SCZone head Walid Gamal El Din said, adding that the projects will create some 14.2k jobs.

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