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China-Africa Trade Information Service
http://info.afrindex.com
China-Africa Trade Information Service
China's Zhejiang Jasan Holding (Jasan Group) has broken ground on its $117 million integrated industrial complex for textile and garment manufacturing in the Qantara West Industrial Zone, the General Authority for the Suez Canal Economic Zone (SCZone) announced on Monday.
Jasan Group is a China-based global socks and apparel manufacturer and a supplier to sportswear and fashion brands, with 20 years of operations in China and Vietnam.
The complex covers an area of 300,000 square metres and will include spinning and weaving, ready-made and sportswear manufacturing, seamless apparel and hosiery production, as well as the production of accessories, rubber fabrics, and dyed fabrics.
The project is fully financed by the company and will be implemented in three consecutive phases, although no timeline has been disclosed.
Around 90 percent of the complex’s production will be exported to global markets, while the remaining 10 percent will be allocated to the local market. It is expected to generate around 6,000 direct jobs when fully operational.
Furthermore, the project comes as the government works to attract more value-added products and increase export-oriented industries to strengthen manufacturing and logistics and expand the competitiveness of Egyptian products in global markets.
In the last fiscal year, 2025/2026, which ended in June 2026, the SCZone recorded a 37 percent year-on-year increase in revenues, reaching EGP 15.9 billion, the highest since its establishment and 51 percent above the fiscal year budget’s projection of EGP 10.5 billion.
The SCZone is expected to add between $3 billion and $5 billion annually to Egypt’s GDP and attracted 117 newly contracted projects with investments worth $7.26 billion across its industrial zones last fiscal year.
Egypt’s ready-made garment exports have been rising for some time, most recently increasing by 15 percent year-on-year during the first four months of 2026 to $1.15 billion, from $1.002 billion in the same period last year.
In 2025, they rose by 20 percent to $3.4 billion from $2.8 billion a year earlier.
This underscores the development of the Qantara West zone into a specialized industrial hub for the spinning, weaving, and ready-made garment sectors, “due to its strategic location, infrastructure, and closeness to major transportation networks and the authority’s ports on the Red Sea and the Mediterranean,” according to SCZone Chairman Walid Gamal El-Din, who attended the inauguration ceremony.
The zone currently hosts 54 projects from nine different nationalities, with total investments of around $1.54 billion. It also provides around 68,915 direct jobs, with the spinning, weaving, and ready-made garment sector topping the list of industrial activities in the zone, with a total of 43 projects.
This also reflects growing interest from major international companies, especially Chinese firms, operating in the sector, alongside growing investor confidence in Egypt’s investment climate and opportunities available in the SCZone.
Chinese investment in Egypt has exceeded $10 billion, highlighting growing economic ties between the two countries, Egyptian Prime Minister Mostafa Madbouly said last week, amid increasing Chinese investment and business activity in the Egyptian market.
In 2025, $8 billion worth of investment from Chinese firm ShuaNFENG pushed total investments in the Qantara West Industrial Zone, near Egypt's Nile Delta, past the $1 billion mark.
During the same year, the SCZone decided to build ready-to-operate factory units in Qantara West, targeting small and medium-sized manufacturers, particularly in textiles, as it aims to establish the zone as a global investment destination through partnerships with local and foreign private-sector companies.
