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Chinese company's $40 mn RMG project breaks ground in SCZone in Egypt

12 Mar '25
2 min read
Chinese company's $40 mn RMG project breaks ground in SCZone in Egypt
Pic: Adobe Stock

Insights

  • A groundbreaking ceremony was held for the first phase of Di Seta's $40 million ready-made garments project in Qantara West Industrial Zone, covering 83,000 sqm.
  • The project will create 1,200 jobs and start operations in September.
  • SCZone aims to attract diverse industrial investments, with 15 projects in Qantara West totalling $490 million, creating over 20,000 jobs.
A groundbreaking ceremony for the first phase of the Chinese company Di Seta’s ready-made garments (RMG) and fashion project was held in the Qantara West Industrial Zone in Egypt, said the general authority for the Suez Canal Economic Zone (SCZone). The project’s first phase requires an investment of $40 million.

Spanning 83,000 square metres across two phases, the project is set to create 1,200 direct job opportunities and is expected to begin operations in September. Walid Gamal El-Din, chairman of the SCZone, emphasised the organisation's commitment to attracting targeted industrial investments while ensuring diversity across its industrial zones.

He noted that the economic zone includes four industrial areas: Ain Sokhna, East Port Said, Qantara West, and East Ismailia, with each zone designated for specific industries based on geographic location and the availability of raw materials that support those sectors. SCZone has successfully secured 15 industrial projects in Qantara West, covering 1.031 million square metres and attracting investments totalling around $490 million, as per the media reports.

These projects have generated over 20,000 direct job opportunities, reinforcing the region's status as a promising investment destination. The Di Seta project represents a significant step forward in boosting Chinese investments within the SCZone. The authority’s goal is to develop Qantara West into a key regional hub for textile and garment manufacturing, while also attracting investments across various other critical sectors.

This initiative is in line with the SCZone's broader vision to foster industrial growth, strengthen both local and international supply chains, and contribute to Egypt's economic development, all while providing more employment opportunities for young professionals.

Fibre2Fashion News Desk (RR)

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