{"id":670238,"date":"2025-08-17T00:00:00","date_gmt":"2025-08-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/chinese-flooring-heavyweight-to-set-up-usd-85-mn-sokhna-plant\/"},"modified":"2025-08-17T00:00:00","modified_gmt":"2025-08-17T00:00:00","slug":"chinese-flooring-heavyweight-to-set-up-usd-85-mn-sokhna-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/chinese-flooring-heavyweight-to-set-up-usd-85-mn-sokhna-plant\/","title":{"rendered":"Chinese flooring heavyweight to set up USD 85 mn Sokhna plant"},"content":{"rendered":"

Chinese floo<\/strong>ring giant <\/strong>Jiangsu Zhengyong Flooring Decoration <\/strong>Material<\/strong> will <\/strong>set up an USD 85 mn flooring and wall panels plant in the Sokhna Industrial Zone<\/strong>, according to a Suez Canal Economic Zone statement<\/a>.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The details: <\/strong>The 181k sqm facility will produce PVC and recycled-material flooring and wall panels, with an annual capacity of 27 mn sqm. Some 90% of the output will be exported, with the remainder earmarked for local sale. The plant is expected to create 500 jobs.<\/p>\n

The investment comes out of the SCZone\u2019s July <\/strong>promotional tour<\/a><\/strong> in China<\/strong>, which included a stop in Jiangsu province\u2019s capital Nanjing, where officials met with representatives from Jiangsu Zhengyong, one of the world\u2019s largest producers of PVC, WPC, and SPC flooring products, with a footprint in multiple global markets.<\/p>\n

DATA POINT- <\/strong>Egypt wants to double Chinese investment to USD 16 bn over the next four years, Trade Commissioner Abdelaziz El Sherif said last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility will produce PVC and recycled-material flooring and wall panels<\/p>\n","protected":false},"author":1,"featured_media":670239,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[116,72,125,131,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-670238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-china","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"1dd889c3-1ae7-491d-8643-536869314f9e","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/997.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Chinese flooring heavyweight Jiangsu Zhengyong to build USD 85 mn Sokhna plant","related_issue":[670230],"teaser":"The facility will produce PVC and recycled-material flooring and wall panels","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.abcb3c4b-375b-453f-a920-65c4e088eb7a.mp3"},"yoast_head":"\nChinese flooring heavyweight to set up USD 85 mn Sokhna plant - 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The company will produce a range of petrochemical products and natural gas derivatives, including propylene and polypropylene, and will look to gradually increase the number\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/27.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589085,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/21\/indian-industrial-energy-firms-express-interest-in-sczone-during-roadshow\/","url_meta":{"origin":670238,"position":2},"title":"Indian industrial, energy firms express interest in SCZone during roadshow","author":"enterpriseam admin","date":"21 June 2023","format":false,"excerpt":"ACME could soon sign a framework agreement for its proposed green hydrogen plant","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment 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