A consortium of Egyptian and Chinese companies has signed contracts for three new industrial projects in the West Qantara industrial zone, with a total investment of $75m. The projects are expected to generate over $100m in annual exports and create 3,600 direct jobs. Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone, signed the agreements.
A consortium of Egyptian and Chinese companies signed contracts today, October 27, 2025, for three new industrial projects in the West Qantara industrial zone, spanning a total area of 225,000 square metres. The total investment amounts to $75m (approximately EGP 3.6bn), expected to create 3,600 direct jobs and generate over $100m in annual exports.
The first project is a microfibre textiles and blankets factory with an annual production capacity of 21 million pieces and 8,000 tonnes, on 75,000 square metres, with a self-funded investment of $28.2m, creating 1,250 direct jobs. Seventy per cent of its production will be for export markets, with 30 per cent for the local market.
The second project involves a factory for home textiles and furnishings on a 75,000 square metre plot, with a self-funded investment of $29.2m, aiming to produce 5.6 million pieces of textiles and 3,000 tonnes of home furnishings annually, providing 1,150 direct jobs, with 100 per cent of output for export.
The third is an electric blanket and polyester textile factory covering 75,000 square metres with an investment of $17.625m, entirely self-funded. This is the first of its kind in Egypt, the Middle East, and Africa, established by the world’s largest Chinese manufacturer and exporter of electric blankets. It is projected to produce 5.6 million electric blankets and 3,000 tonnes of heating textiles annually, creating 1,200 direct jobs, with 100 per cent destined for global markets.
Walid Gamal El-Din emphasised the significance of joint ventures, stating: "Joint ventures between Egyptian and foreign investors represent a successful model for industrial cooperation, technology transfer, and enhancing production expertise within SCZONE’s industrial areas." He added that the authority is committed to advancing this approach by expanding joint projects and offering flexible incentives and streamlined procedures.
With these three new contracts, the total number of projects in the West Qantara industrial zone rises to 44, covering 2.7974 million square metres with total investments of $1.1685 billion and providing 60,165 direct job opportunities, underscoring the continuous investment expansion within SCZONE.