Covering 80,000 square metres, the facility will create 1,500 direct jobs and produce around 5,000 tonnes of fabric, 4 million sets of bed covers, and 1 million sets of car carpets every year.
Nine-tenths of its production output will be exported.
Egypt’s Suez Canal Economic Zone recently signed a pact with China’s Changzhou Ramada Blanket Industry Co Ltd to set up a $22.6-million home textile and garment manufacturing unit in the Qantara West Industrial Zone.
Covering 80,000 square metre, the facility will create 1,500 direct jobs and produce around 5,000 tonnes of fabric, 4 million sets of bed covers, and 1 million sets of car carpets every year.
SCZone aims at positioning Qantara West as an integrated hub for textiles, readymade garments and accessories, its chairman Walid Gamal El-Dien was cited as saying by domestic media reports.
Thirty-two projects have been signed in the zone till now, with total investments exceeding $822 million and creating 45,600 direct jobs.
Fibre2Fashion News Desk (DS)