Egypt’s Suez Canal Economic Zone recently signed a contract with China’s Zhejiang Hongda to set up a $20-million textile manufacturing and processing project in the Qantara West Industrial Zone.
The project will span 60,000 sq m and is expected to create around 500 direct jobs and export 70 per cent of its production.
The total number of active industrial, service and logistics projects in the zone is 53.
The project will span 60,000 sq m and is expected to create around 500 direct jobs and export 70 per cent of its production.
The total number of active industrial, service and logistics projects in the zone is 53.