Egypt’s Qantara West Industrial City is rapidly emerging as a key hub for the textile and garment sectors, with 32 projects signed to date, attracting investments exceeding $822 million, the General Authority for the Suez Canal Economic Zone has announced.
Walid Gamal El-Din, Chairman of the Authority, revealed that the projects cover approximately 2,097,400 square meters and are set to create 45,600 direct jobs, underscoring the scale and ambition of the initiative.
The industrial city is designed as an integrated base specialising in textiles, ready-made garments, and accessories, aimed primarily at export markets.
“These projects aim to export the majority of their production to global markets, taking advantage of the Authority’s unique location as a link between the world’s continents,” El-Din explained.
He highlighted how the proximity and integration between industrial zones and ports provide a significant competitive edge.
The development reflects the Authority’s strategic focus on boosting export industries, deepening local manufacturing, and localising supply chains within the spinning and weaving sectors.
This approach spans from raw material production to finished fabrics and ready-made garments, catering to major global brands.
El-Din emphasised that the Authority is intensifying efforts to attract further investments in targeted sectors as part of the broader strategy to deepen Egypt’s industrial base and increase export capacity.
“The state’s goals of deepening industry and boosting exports remain central to our vision,” he said.
Several projects are set to launch soon in Qantara West, including factories, infrastructure developments, and supportive facilities.
The availability of a skilled workforce and attractive incentives offered by the Authority are expected to bolster investor confidence and project success.
The chairman also noted that Egypt’s political and economic stability has played a crucial role in enhancing investor trust, making the Suez Canal Economic Zone a preferred destination for both domestic and international investment.
This surge in industrial activity positions Qantara West as a pivotal contributor to Egypt’s economic growth and global trade ambitions.
About The Author
