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Nil Örme’s $35M Investment in Egypt’s Qantara West Industrial Zone

In a major development for Egypt’s textile sector, the General Authority of the Suez Canal Economic Zone (SCZONE) has signed a new investment contract with Turkish textile giant Nil Örme San. ve Tic. A.Ş., setting the stage for a $35 million textile and garment manufacturing project in the Qantara West Industrial Zone.

The agreement was formalized during an official signing ceremony at SCZONE’s headquarters in the Administrative Capital. Mr. Waleid Gamal El-Dien, Chairman of SCZONE, and Mr. Veli Fatih Özersoy, Chairman of Nil Örme, signed the contract in the presence of senior SCZONE officials and representatives from the Turkish company.

The upcoming factory will cover an area of approximately 33,000 square meters, with a focus on export-driven production. Around 90% of the facility’s output is planned for international markets. The project is expected to create nearly 2,000 direct jobs, contributing to the local economy and supporting Egypt’s industrial development goals.

Qantara West: A Rising Textile Hub

During the event, Mr. El-Dien emphasized the strategic growth of Qantara West as a textile and apparel manufacturing destination. He stated:

“Qantara West Industrial Zone is fast emerging as a key center for integrated textile production. With this agreement, SCZONE has secured 34 investment contracts in this zone alone, totaling $859.3 million in investments across 2.18 million square meters of land. These projects are projected to generate over 48,000 direct jobs.”

He also noted the zone’s advantages, such as its integrated infrastructure, skilled labor, and access to global trade through SCZONE’s affiliated ports and Egypt’s trade agreements.

“Thanks to our strategic connectivity and availability of competitive energy resources, SCZONE is attracting global manufacturers seeking export-oriented solutions. We aim to localize the entire value chain — from raw materials to finished garments — to strengthen Egypt’s global competitiveness in textiles,” he added.

Strengthening Turkish-Egyptian Trade Relations

The contract further deepens trade and industrial ties between Egypt and Turkey. Nil Örme’s move reflects growing interest from Turkish manufacturers in Egypt’s textile ecosystem.

Looking ahead, Mr. El-Dien also revealed plans for SCZONE’s first investment roadshow in Turkey, scheduled for late September 2025. The tour will promote SCZONE opportunities to Turkish companies across sectors aligned with Egypt’s industrial localization strategy.

With Qantara West’s world-class infrastructure, strategic location, and reform-friendly environment, Egypt continues to attract textile manufacturers aiming to leverage its access to Europe, the Middle East, and Africa. The zone’s alignment with Egypt’s export-focused and investment-driven policies makes it a compelling choice for international investors.

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