Egypt Daily News – Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, signed a contract for a project by a Chinese company specializing in the production of ready-made garments. The project will be established in the Qantara West Industrial Zone on an area of 27,000 square meters, with investments totaling 15 million US dollars (approximately 751.5 million Egyptian pounds), fully self-financed.
It is expected to provide around 2,000 direct job opportunities and aims to produce over 12 million pieces of ready-made clothing annually, with the entire output designated for export.
The contract was signed by Lu Jun, the company’s legal representative and board member, in the presence of several leaders from the economic zone.
Gamal El-Din emphasized that the Qantara West Industrial Zone in Ismailia is one of the most successful models in attracting high-quality investments, especially in the spinning, textiles, and ready-made garments sector.
The area has become a fully integrated and leading hub in this field due to its capabilities and proximity to the Suez Canal governorates, making it suitable for labor-intensive projects. Its unique geographic location between the region’s ports on the Red Sea and the Mediterranean adds further strategic value.
He added that the new project reflects the continued trust international investors place in the zone and highlights its ability to attract companies with international supply chains that serve major global brands.
He also noted that, following the signing of this new project, the total contracted investments in the Qantara West Industrial Zone have increased to 579.5 million dollars, providing more than 27,300 job opportunities across 19 projects. This strengthens the zone’s role in supporting the region’s strategy for industrial integration and solidifying its position as an export-oriented manufacturing platform.
