CAIRO - 16 April 2026: Egypt’s Suez Canal Economic Zone (SCZone) has secured a new Turkish investment to establish a textile manufacturing facility in the Qantara West industrial zone, reinforcing its position as a growing hub for export-oriented industries.
The project, to be developed by Atesan Tekstil, will involve investments of $6.5 million, cover 20,000 square metres, and create around 200 direct jobs, according to an official statement.
SCZone Chairman Waleid Gamal El-Dien said the authority continues to focus on attracting investments in key sectors such as textiles, garments, food industries, and logistics, particularly in Qantara West, which has seen strong investor demand.
He noted that such projects contribute to reducing import dependence, boosting exports, and meeting demand in both domestic and regional markets.
The authority is also monitoring project execution closely to ensure adherence to agreed timelines, amid increasing interest from investors in the zone.
Qantara West currently hosts 52 projects across industrial, logistics, and service sectors, with total investments reaching $1.53 billion. The projects span more than 3.54 million square metres and are expected to generate around 72,000 direct jobs.
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