In a major step toward expanding Egypt’s industrial base and boosting exports, the Chairman of the Suez Canal Economic Zone (SCZONE), Mr. Waleid Gamal El-Dien, has signed a $20 million investment agreement with Turkish company UR-SA to establish a factory for industrial textiles and plastic packaging in the Qantara West Industrial Zone.
The project, which will cover 35,000 square meters, aims to create 1,000 direct jobs and is expected to export 80% of its production. UR-SA’s operations will include the manufacturing of agricultural and industrial packaging materials, FIBC bags, and nonwoven industrial textiles. The contract was signed in the presence of Mr. Ugur Buyukkardeş, owner of UR-SA, along with senior SCZONE officials.
“This investment aligns with SCZONE’s strategy to attract high-impact industrial projects that support Egypt’s exports, deepen local manufacturing, and strengthen global supply chain integration,” said SCZONE Chairman Waleid Gamal El-Dien.
He emphasized that SCZONE’s location, connecting the Mediterranean and Red Seas, along with its integrated ports, trained labor force, and logistical infrastructure, has positioned the zone as an investment magnet for international manufacturers.
The Qantara West Industrial Zone, known for its focus on textiles and ready-made garments, now hosts 23 contracted projects, totaling $643.5 million in investments and generating over 33,600 direct jobs.
“Qantara West is fast becoming a regional hub for textile production, attracting global interest from manufacturers,” El-Dien added.
This new investment from UR-SA further reinforces the growing Egypt–Turkey industrial cooperation and underlines SCZONE’s role in driving sustainable industrial development across Egypt.
