Egypt held a ceremony at the China‑Egypt TEDA Suez Economic and Trade Cooperation Zone to break ground on two new Chinese textile projects worth over $55 million in total investment. This marked a major step in boosting Egypt’s textile manufacturing capacity and job creation under the country’s Vision 2030 industrialization agenda.
The first project, led by Bridge Textile International Egypt, involves a $25 million investment and will span 40,000 square meters. Once completed, the facility will house 18 spinning lines, more than 100 fabric production lines, and six dyeing and printing lines. The factory is expected to create over 500 direct jobs and generate an additional 1,000 indirect employment opportunities, providing a major boost to the local economy.
The second initiative is being driven by F-TEX International, which has committed $30 million to develop a 55,000-square-meter plant for the production of Draw Textured Yarn (DTY), a key input in textile production. The facility will feature 60 production lines and aims to produce around 130,000 tons of yarn annually by the end of 2027.
Speaking at the event, Waleid Gamal Eldien, Chairman of the Suez Canal Economic Zone (SCZone), described the projects as a “qualitative leap” for the zone and a strong signal of investor confidence. “These investments align with our vision to attract export-oriented manufacturing and integrate Egypt into global industrial supply chains,” he noted.
The launch comes amid growing momentum in Chinese investment in Egypt’s textile sector. In recent months, SCZone has signed over $50 million in textile-focused agreements with various Chinese firms. Cumulatively, China-backed textile investments in the SCZone now exceed $730 million.
