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Egypt’s Qantara West Industrial Zone will house three new textile and ready-made garment factories established by Chinese companies, under agreements worth a combined USD 52.6 mn, according to a Suez Canal Economic Zone (SCZone) statement. The contracts were signed in Nanjing, Jiangsu Province, during the SCZone’s first international promotional roadshow for FY 2025-2026.
Who’s building what?
- Changzhou East Noah Printing and Dyeing will invest USD 20 mn in a vertically integrated textile factory on an 80k sqm plot. The facility will produce home textiles including blankets, bedding sets, and quilts with an annual capacity of 8 mn pieces. Around 90% of output will be exported, and the factory is expected to create 1k direct jobs.
- Changzhou Golden Spring Textile will pump USD 24 mn into a factory for luxury fabrics and home furnishings. Built on 85k sqm, the plant will have an annual capacity of 15.8k tons of fabric and 2 mn finished units, 90% of which will be exported to Mena, Europe, and the Americas. The remaining 10% will serve the local market. The project is also expected to create 1k jobs.
- Jiangsu Sainty Corporation, a subsidiary of Soho Holdings, will set up a USD 8.6 mn ready-made garments factory on 40k sqm, aiming to create 1.5k jobs. The facility will be 100% export-oriented.
The SCZone has carved out a dedicated space for textile projects in Qantara West, with SCZone head Walid Gamal El Din saying the sector is a top priority for localization thanks to its ability to create jobs and connect with supporting industries.
Qantara West has become a hub for Chinese investment, now hosting 18 Chinese-led projects out of 28 total, with combined investments of USD 734.1 mn across 1.8 mn sqm, generating more than 38.4k jobs. The SCZone as a whole attracted more than USD 4 bn in Chinese investments over the past three years.
More in the pipeline: The SCZone is looking to drum up more Chinese investment. Talks are ongoing with Crystal International Group, which is eyeing a USD 250-300 mn textile factory in Qantara West. Officials are also in discussions with EV giant BYD to potentially set up operations within the zone.
