Ahmed Kamel – Egypt Daily News
China’s Zhejiang Jasan Group Co., a global leader in hosiery and textile manufacturing, is set to invest $100 million in a fully integrated textile and garment complex in Egypt’s Qantara West Industrial Zone, the Suez Canal Economic Zone (SCZONE) announced on Sunday.
Under the agreement, the project will be developed on an area of approximately 300,000 square metres and will bring together all major stages of textile production in a single facility, including spinning, weaving, and dyeing. The complex will manufacture a wide range of products, such as ready-made garments, sportswear, seamless apparel, socks, accessories, and rubber textiles.
According to SCZONE, around 90 percent of the project’s output will be exported to international markets, while the remaining production will be directed to the domestic market. Once fully operational, the complex is expected to create about 6,000 direct jobs, significantly boosting employment and industrial activity in the Canal Zone.
The investment adds to the rapid growth of Qantara West Industrial Zone, which has emerged as a major hub for textile and apparel manufacturing. SCZONE said the zone currently hosts 48 projects spanning a total area of 3.26 million square metres, with combined investments of $1.325 billion and nearly 70,000 direct jobs.
Officials said the Jasan Group project reflects Egypt’s increasing attractiveness as a manufacturing base, particularly for export-oriented industries seeking access to regional and global markets through the Suez Canal corridor.
