- July 31, 2025
- Posted by: Ahmed Abed
- Category: EN
Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), attended this morning ground-breaking ceremony for 2 new industrial projects in the textile sector, located within the “TEDA–Egypt” industrial developer area in Sokhna Industrial Zone. The event was attended by Mr. Cao Hui, CEO of TEDA–Egypt, and Mr. Zang Li. Hua, president of Bridge-Tex Company, Mr. Lu Xin Rang, president of F-Tex Company, along with officials from SCZONE and the industrial developer.
The first project, implemented by “Bridge Textile International Egypt”, involves the establishment of an integrated industrial complex covering an area of 40,000 square meters with total investments exceeding $25 million. The complex will comprise administrative and residential buildings, housing 18 spinning lines, over 100 fabric production lines, and 6 lines for printing and dyeing, culminating in the final stage of fabric production. The fully integrated production chain is expected to yield an annual production capacity of 25 million meters of high-quality fabrics and 105,000 tons of fiber, while creating approximately 500 direct and 1,000 indirect job opportunities.
The second project, implemented by F-TEX INTERNATIONAL, will span 55,000 square meters and include 60 production lines for Draw Textured Yarn (DTY) polyester fibers. The project entails an investment of around $30 million and is planned to reach full operation by the end of 2027, with an annual production capacity of 130,000 tons. It is expected to generate around 400 direct job opportunities and export revenues estimated at $150 million annually.
“The newly launched projects represent a significant addition to SCZONE and reflect the confidence of international investors, particularly Chinese, in SCZONE’s investment climate. The success of the long-standing partnership with TEDA–Egypt, a developer with a proven track record of attracting high-value investments across diverse industrial sectors. There were discussions during my recent visit to the People’s Republic of China that included the allocation of a new 10-square-kilometer area for TEDA in light of the nearing completion of previous development phases, most recently 2.86 square kilometres. This step reflects SCZONE’s commitment to supporting the expansion plans of serious industrial developers.” Mr. Waleid Gamal El-Dien, Chairman of SCZONE, declared.
“SCZONE is fully committed to providing all necessary support and facilitation to ensure the timely execution of these projects. These developments are not only pivotal in enhancing value-added production and generating employment opportunities but also represent a significant step toward achieving industrial integration and strengthening Egypt’s competitiveness within global supply chains. We have successfully fostered a favorable environment for major industrial ventures, attracting $8.6 billion in investments across 297 projects during the last 3 years, including $4.4 billion across 121 projects in the most recent fiscal year alone.” Mr. Waleid Gamal El-Dien, Chairman of SCZONE, added.
“Once completed, our project is expected to generate annual sales of $120 million, including $100 million in foreign currency revenues. With 80% of our production destined for European and American markets, we are leveraging Egypt’s strategic advantages, Chinese technology, and global demand. This model will significantly contribute to increasing Egypt’s textile and garment exports beyond the $10 billion mark annually.” Mr. Zang Li-hua, President of Bridge-Tex, Said.
“This project represents a new link between two of the world’s greatest textile civilizations. True cooperation is about blending Chinese standards with Egyptian wisdom and skilled labor to achieve sustainable development. We deeply appreciate the support from the Egyptian government and SCZONE in creating an enabling investment environment. We expect construction to be completed and pilot operations to commence within a year.” Mr. Lu Xin Rang, President of F-Tex, Said.
It is worth noting that these projects are part of SCZONE’s ongoing efforts to localize strategic industries, deepen local manufacturing, and expand the export base. They benefit from the unique geographic location of SCZONE and its integrated infrastructure connected to affiliated seaports, enabling rapid access to regional and global markets.
