• SCZone signs $100 million textile complex deal with China’s Zhejiang Jasan
• Qantara West project targets exports, full textile value chain production
• Investment boosts jobs and supports Egypt’s garment export ambitions

Egypt’s Suez Canal Economic Zone (SCZone) said on Sunday it had signed an agreement with China’s Zhejiang Jasan to develop an integrated textile and garment complex in the Qantara West industrial zone.

The project, with an estimated investment of $100 million, will span 30 hectares, SCZone said. It will cover the full textile value chain, including spinning, weaving and dyeing, as well as the production of ready-made garments, sportswear, seamless clothing, socks and accessories.

The facility is expected to export 90% of its output to international markets, with the remaining 10% supplied domestically. Once fully operational, it is projected to create around 6,000 direct jobs.

The investment supports government efforts to increase the textile sector’s contribution to export revenues. Egypt’s Ready-Made Garments Export Council (AECE) aims to raise clothing export earnings to $12 billion by 2031, from $2.81 billion in 2024.

The agreement underscores growing investor interest in Qantara West as a textile manufacturing hub. Several projects have been launched at the site this year, including investments by China’s EVERFAR Textile Egypt LLC ($130 million), Changzhou Kingcason Printing & Dyeing Co. ($24.5 million), Shanghai Honour Home Textile, and Turkey’s Orağlu, which signed a $120 million deal last February for an integrated garment factory.

Located within the Suez Canal Economic Zone, Qantara West benefits from proximity to the canal and major Egyptian ports, providing efficient access to global markets.

Stéphanas Assocle