During his promotional roadshow across several Chinese provinces, Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), signed three industrial agreements with Chinese textile and garment companies, amounting to a total investment of $52.6 million (EGP 2.58 billion). These projects are set to create 3,500 direct job opportunities and were signed in Nanjing, Jiangsu Province.
One agreement was signed with Changzhou East Noah Printing and Dyeing Co., Ltd, a major player in textile printing and dyeing. The project involves building an integrated textile factory in the Qantara West Industrial Zone on an 80,000 m² plot. With $20 million in self-financed capital, the facility will produce polyester yarns, woven fabrics, printed and dyed textiles, and finished home products like blankets and bed sets. With a capacity of 80 tons per day and 8 million items annually, 90% of production will target export markets. The agreement was signed by the company’s General Manager, Mr. Jiandong She.
The second agreement, worth $24 million, was signed with Changzhou Golden Spring Textile Co., Ltd, a leading integrated textile exporter with trademarks in over 20 countries. The company plans to build a home textiles factory also in Qantara West, spanning 85,000 m². The plant will manufacture blankets, bed linens, and quilts, with an annual capacity of 15,800 tons of fabric and 2 million sets. Like the previous project, 90% of output is aimed at international markets. The agreement was signed by Mr. Xu Peng, Legal Representative and General Manager.
The third deal, valued at $8.6 million, was concluded with Jiangsu Sainty Corporation Ltd, a subsidiary of SOHO Holding Group. The ready-made garments factory will be built on a 40,000 m² plot in Qantara West, creating 1,500 direct jobs and dedicating 100% of its output to export. Jiangsu Sainty has more than 40 years of experience in garment manufacturing and exports to over 100 countries. Mr. Jiang Ming, Deputy General Manager, signed the agreement on behalf of the company.
Mr. Waleid Gamal El-Dien emphasized that these agreements reflect the deepening industrial ties between SCZONE and Chinese partners, highlighting the textile sector as a strategic priority due to its labor-intensive and integration-friendly nature. With these additions, Qantara West now hosts 18 Chinese projects, and the total number of contracted investments in the zone has reached 28, amounting to approximately $734.1 million, spread across 1.79 million square meters, and creating 38,455 direct jobs. He underscored SCZONE’s role in creating a favorable investment environment and advancing Egypt’s industrial and export capabilities.
Greetings
We are Bhonzoe Textiles and investments, a registered small scaled business located in Malawi.
We are looking for textile manufacturing companies that we can partner with in both logistical services and manufacturing. The deal will be based of exporting of goods to Malawi after a thoroughly investigation to where the company is located and how much we produce .. and locating markets outside the country.
Dear Sydney,
Thank you for your message and for introducing Bhonzoe Textiles and Investments. It is a pleasure to hear from you.
Kohan Textile Journal is an international media and networking platform focused on the global textile industry. We are not a manufacturer ourselves, but we work closely with a wide network of textile producers, suppliers, and industry stakeholders across Europe, Asia, the Middle East, and Africa.
We would be happy to learn more about your project and your specific needs, such as:
– Types of textile products you are interested in
– Estimated production volumes
– Target markets
– Preferred countries for potential partners
Based on this information, we may be able to introduce you to relevant manufacturing companies or feature your request within our professional network.
We look forward to your reply and exploring possible cooperation.