{"id":705126,"date":"2026-05-24T00:00:00","date_gmt":"2026-05-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=705126"},"modified":"2026-05-24T02:46:52","modified_gmt":"2026-05-24T02:46:52","slug":"cloud-chain-plans-a-carbon-neutral-textile-complex-in-port-said","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/cloud-chain-plans-a-carbon-neutral-textile-complex-in-port-said\/","title":{"rendered":"Cloud Chain plans a carbon-neutral textile complex in Port Said"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Chinese industrial developer <\/strong><strong>Cloud Chain<\/strong><strong> plans to build a USD 1.5-2 bn <\/strong><strong>textile city in Port Said<\/strong>, in what could be the region\u2019s first integrated carbon-neutral textile complex, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0A3eqYqzzkGa4oC2KBiSqEF3gMZzXLFmqNaQoYP5u5zaWdv7cwWzeiCv7JE89eNvql&id=61562245173260\" style=\"\">statement<\/a> from the Investment Ministry. The project would span 4.5 mn sqm and be developed over two 24-month phases \u2014 the first 2 mn sqm phase will host 30-50 textile companies alongside vocational schools and logistics facilities, while the second phase will focus on integrating feeder industries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>Surging labor and energy costs in traditional textile hubs like Turkey and China, combined with instability in Bangladesh and the Red Sea shipping crisis, makes our geographic proximity to Europe attractive for brands seeking near-shore manufacturing alternatives, Egyptian Cotton Association Chairman Wael Olama told us <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/what-the-iran-war-means-for-egypts-garment-sector\/\" style=\"\">last month<\/a>. Egypt\u2019s goal of raising textile and garment exports to USD 12 bn by 2031 is still achievable, he said \u2014 but only if factories keep coming in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Hong Kong\u2019s Crystal International recently committed <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/20\/hong-kongs-crystal-commits-usd-350-mn-in-one-of-the-largest-fdi-in-egypts-textile-sector\/\" style=\"\">USD 350 mn<\/a> to an integrated textile complex in Elsewedy Industrial Development\u2019s Industria October, and three other Chinese companies are building <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/27\/three-new-chinese-textile-projects-are-coming-to-qantara-with-usd-65-5-mn-in-investments\/\" style=\"\">USD 65.5 mn<\/a> worth of factories in Qantara West.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next:<\/strong> The company and ministry are currently discussing whether to establish the complex under an Investment Zone or a Special Investment Zone framework.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project, worth up to USD 2 bn, will be developed over two 24-month phases and include 30-50 textile companies<\/p>\n","protected":false},"author":1,"featured_media":705127,"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":[116,72,65,125,12648],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-705126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-china","tag-enterpriseam","tag-investment","tag-investment-watch","tag-textile","wpautop","entry"],"acf":{"mongo_id":"ccc7c504-d7c7-4e83-9a4b-0ebc1e4f71f4","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/5\/1402.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Green threads in Port Said","related_issue":[705112],"teaser":"The project, worth up to USD 2 bn, will be developed over two 24-month phases and include 30-50 textile companies"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cloud Chain plans a carbon-neutral textile complex in Port Said - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/cloud-chain-plans-a-carbon-neutral-textile-complex-in-port-said\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cloud Chain plans a carbon-neutral textile complex in Port Said\" \/>\n<meta property=\"og:description\" content=\"The project, worth up to USD 2 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200 jobs in its first phase","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1952.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633434,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/15\/hengsheng-lays-foundation-stone-for-usd-70-mn-textile-factory-in-the-sczone\/","url_meta":{"origin":705126,"position":1},"title":"Hengsheng lays foundation stone for USD 70 mn textile factory in the SCZone","author":"enterpriseam admin","date":"15 July 2024","format":false,"excerpt":"Hengsheng is looking to achieve annual sales worth USD 300 mn","rel":"","context":"In 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