February 21, 2026
Corporates

SCZONE Breaks Ground On US$ 55 Mn Textile Projects In Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) has launched two major textile projects within the TEDA–Egypt industrial developer area in the Sokhna Industrial Zone, with combined investments exceeding US$ 55 million. The ground-breaking ceremony was attended by Waleid Gamal El-Dien, Chairman of SCZONE, alongside senior officials and company representatives.

The first project, by Bridge Textile International Egypt, will establish a fully integrated industrial complex on 40,000 sq. m., featuring 18 spinning lines, over 100 fabric production lines, and six printing and dyeing units. With an annual capacity of 25 million metres of high-quality fabrics and 105,000 tonnes of fibre, it will create around 500 direct and 1,000 indirect jobs.

The second project, by F-TEX International, covers 55,000 sq. m. and will include 60 lines for DTY polyester fibre production. With an investment of US$ 30 million, the plant is scheduled to reach full operation by end-2027, delivering 130,000 tonnes annually, generating 400 jobs, and driving export revenues of US$ 150 million per year.

“These new projects reflect the confidence of global investors, particularly from China, in SCZONE’s favourable investment climate,” said Waleid Gamal El-Dien, noting that SCZONE has attracted US$ 8.6 billion across 297 projects in the past three years, including US$ 4.4 billion in FY 2024/25.

Zang Li-hua, President of Bridge-Tex, said the project aims to generate annual sales of US$ 120 million, with 80% of production for European and American markets. Lu Xin Rang, President of F-Tex, highlighted the collaboration as “a new link between two of the world’s greatest textile civilizations,” emphasizing the blend of Chinese technology with Egyptian expertise.

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