New collaboration between Egypt and Turkey. Photo: Egyptian cabinet page
This was announced in a ceremony attended by President of SCZONE Walid Gamal El-Din, Chairman of the Eroğlu Group Nurettin Eroğlu, and Turkish ambassador to Egypt Salih Mutlu Şen, among others.
The project will specialize in ready-made garments and is expected to operate next January, providing 2,750 job opportunities, according to SCZONE’s statement.
This groundbreaking project will initially cover 64,000 square meters, with plans for a second phase to expand to 400,000 square meters.
According to the statement, this project reflects the cooperation between SCZONE and the Egyptian Administrative Control Authority (ACA) to localize industrial projects and attract various companies to the Egyptian market, with a focus on exporting abroad targeting 151 companies.
Gamal El-Din highlighted that this is the first Turkish investment in the West Qantara area and one of the first major projects following SCZONE's extensive efforts to develop and enhance the region’s infrastructure.
These efforts aim to position West Qantara as a key industrial investment zone in Egypt, boosting its regional and global competitiveness as a leading industrial and logistics centre.
According to Gamal El-Din, West Qantara offers a favourable environment, including the one-stop service that SCZONE uses to digitize and streamline processes for investors.
He also emphasized that the West Qantara region enjoys various competitive advantages, such as the availability of trained technical workers and raw materials, which qualify to lead the textile and ready-made clothing industry.
Moreover, the area benefits from SCZONE’s integrated ports and free-trade agreements.
Gamal El-Din also highlighted the success of SCZONE’s partnership with the private sector and its recent promotional efforts to attract international investments in targeted sectors.
For his part, Eroğlu noted that this is his company’s third investment in Egypt, following projects in Ismailia and Damietta.
He explained that the factory aims to achieve $100 million in exports, representing 70 percent of its production, with the remaining 30 percent catering to the local market.
Equipped with advanced technologies, including a water recovery treatment system and eco-friendly energy facilities, the factory plans to produce 7 million pairs of jeans annually at full capacity, he added.
Eroğlu also noted that the project will help strengthen economic ties between Egypt and Turkey.
This project aligns with the new cabinet’s plan to increase the annual growth rate of foreign direct investments to about 14 percent by 2030, as outlined in the State Ownership Policy Document.
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