In a major advancement for Egypt’s textile and garment sector, the General Authority of the Suez Canal Economic Zone (SCZONE) has signed a strategic investment agreement with EVERFAR Textile Egypt LLC, the local subsidiary of a prominent Chinese textile conglomerate. The $130 million project will be located in SCZONE’s Qantara West Industrial Zone and is expected to generate over 3,200 direct employment opportunities.
The contract was signed in the presence of Mr. Waleid Gamal El-Dien, Chairman of SCZONE, and Mr. Lu Jiaosheng, legal representative of EVERFAR, during a formal ceremony.
A Landmark Project in Qantara West
Covering a total area of 145,000 square meters, the new EVERFAR facility will serve as a fully integrated textile and garment production complex. Equipped with advanced technologies, the factory will include production lines capable of:
- Processing over 7.5 million tons of fabrics
- Producing more than 20 million meters of garment-grade textiles
- Manufacturing approximately 3.6 million finished garments
- Delivering high volumes of garment accessories
The project will incorporate state-of-the-art systems across spinning, weaving, dyeing, finishing, and assembly processes—aligning with international quality standards.
“This is one of the most comprehensive and significant textile projects ever signed within SCZONE,” said Mr. Waleid Gamal El-Dien. “EVERFAR’s investment reflects the industrial integration and global positioning we aim to build in Qantara West.”
100% Export-Oriented Strategy
The entire output from the EVERFAR facility is planned for export, reinforcing Egypt’s role as a competitive production base for global markets across Africa, Europe, and the Middle East.
“The commitment to export 100% of production demonstrates international trust in SCZONE’s ecosystem,” Mr. El-Dien noted. “It also supports Egypt’s national strategy of maximizing exports, enhancing local value chains, and attracting advanced manufacturing capabilities.”
Following this agreement, SCZONE’s Qantara West zone now encompasses 35 signed projects, totaling $989.3 million in investments, across 2.32 million square meters—projects which are set to generate over 51,200 direct jobs.
A New Global Player Enters Egypt
EVERFAR Textile Egypt LLC operates as the regional investment and trade platform for one of China’s leading vertically integrated textile groups. The company is known for its advanced R&D infrastructure and high-efficiency manufacturing systems. With its entry into the Egyptian market, EVERFAR brings valuable expertise, cutting-edge technologies, and deep global supply chain experience.
This investment underscores SCZONE’s commitment to fostering industrial clusters and its broader vision to transform Egypt into a global hub for textile and garment manufacturing and exports.
