- May 15, 2025
- Posted by: Ahmed Abed
- Category: EN
Mr. Waleid Gamal El-Dien, SCZONE Chairman, signed today, at SCZONE’s HQ in the Administrative Capital, “2” contracts for two projects in Qantara West Industrial Zone, in the textiles and ready-made garments sector, with a total investment of $ 20.5 million, and providing 4600 direct job opportunities, with a total area spanning 68,000 square meters.
The 1st project of the Chinese company “Top New Garment Group”, for the manufacture of ready-made garments and ready-made sportswear, in Qantara West Industrial Zone, with an investment of $ 7.2 million, to establish an integrated factory on an area of 28,000 square meters, providing 4,000 direct jobs, and the project aims to produce more than 25 million pieces of clothing annually, with the full production exported abroad, and the contract was signed by Mr. Wu Jinpeng, Chairman of “Top New Garment”.
The 2nd project of “Guangdong HONGXIN Textile”, which includes the manufacture of fabrics and textiles with an investment of $ 13.3 million, and provides 600 direct jobs, with a total area of 40,000 square meters, an annual production capacity of more than 28,000 tons, and the export of 80% of the production abroad, was signed by Mr. Liao Hanwen, Chairman of “Guangdong HONGXIN Textile”.
“I express my appreciation to all our success partners, including companies and investors, for their essential role in transforming the dream of developing Qantara West Industrial Zone into a reality. The 1st phase of Qantara West development project has, to date, including both projects signed today, resulted in a total of 17 projects, ranging from final contracts to the commencement of construction. These projects represent total investments reaching $504.5 million and cover a total area of 1,098,800 square meters. Furthermore, they are projected to create 24,700 direct job opportunities, all achieved in less than 2 years. This accomplishment is the culmination of SCZONE’s efforts in promoting the zone and attracting investments, to the extent that it has become a promising destination for the ready-made garment and textile industries, in addition to food industries and agribusiness. What distinguishes Qantara West Zone is its unique geographical location, the availability of trained technical labor, and its integration with seaports, which grants it a competitive advantage as a focal point for launching into regional and global markets.” Stated SCZONE Chairman alongside the signing ceremony
“SCZONE plays an active role in enhancing infrastructure readiness and providing the necessary facilities. These include the provision of logistical services and the simplification of licensing procedures, which contribute to creating a stimulating and integrated investment environment. These efforts bolster SCZONE’s standing as a global industrial and logistical hub through a system of diverse economic incentives, both direct and indirect.” Added H.E. Waleid Gamal El-Dien
