Turkey’s Ela Tekstil to invest USD 16.5 mn in new Qantara West garment plant

Turkish textile manufacturer Ela Tekstil is investing USD 16.5 mn to build a mega denim and apparel facility in the Qantara West Industrial Zone, according to a statement. The facility will be built on a 23k sqm plot and is expected to produce 7 mn pieces of denim and garments annually, with 80% of production earmarked for export.

Why it matters: Ela Tekstil is the latest Turkish manufacturer to land in Qantara West, bringing the zone’s total to 42 projects with combined investments of USD 1.14 bn and cementing its status as Egypt’s premier textile hub.

Some 1.7k Turkish businesses have already put more than USD 3 bn into Egypt, with nearly 200 factories operating in textiles, garments, and chemicals in the Tenth of Ramadan, Sadat City, and the SCZone.