The signing ceremony took place in Nanjing, Jiangsu Province, as part of SCZONE’s promotional roadshow across several Chinese provinces, aimed at deepening industrial ties and attracting further Chinese investments into priority sectors within the zone, SCZONE said in a press release.
The first agreement was signed with Changzhou East Noah Printing and Dyeing co, ltd, a prominent player in textile printing, dyeing, and finishing. The company will establish an integrated textile facility on an 80,000-square-metre plot in Qantara West, with $20 million in fully self-financed investment.
The factory will cover the full production process—ranging from ultra-fine polyester yarns to weaving, printing, dyeing, and finishing—producing items such as blankets, bed sets, and quilts. It is projected to have a daily capacity of 80 tonnes and an annual output of 8 million home textile pieces, with 90 per cent of production aimed at export markets. The project will provide 1,000 direct jobs.
A second agreement was signed with Changzhou Golden Spring Textile co, ltd, a globally recognised integrated textile manufacturer. The company will invest $24 million to establish a textile facility on an 85,000-square-metre site in the same industrial zone.
This fully self-financed venture will focus on manufacturing high-quality blankets, bed linen, and padded quilts. With an annual capacity of 15,800 tonnes of fabric and 2 million finished products, 90 per cent of its output will be exported to the Middle East, North Africa, Europe, and the Americas. The project is expected to create 1,000 new jobs.
The third deal was struck with Jiangsu Sainty Corporation Ltd, a subsidiary of SOHO Holding Group, to set up a readymade garments factory on a 40,000-square-metre plot in Qantara West. Backed by an $8.6 million investment, the facility will focus entirely on exports and is projected to employ 1,500 people. With over 40 years of industry experience, Jiangsu Sainty exports garments to nearly 100 countries, including the US, EU, and Canada.
“The signing of these three projects comes as part of our ongoing fruitful cooperation with the Chinese business community, one of SCZONE’s strategic partners in achieving its development objectives. With these new agreements, the number of Chinese projects in Qantara West Industrial Zone has increased to 18,” said Waleid Gamal El-Dien, chairman of SCZONE. “The textile sector is considered one of SCZONE’s top priority industries due to its high potential for integration with auxiliary industries and its labour-intensive nature.”
He further stated that the industrial zone now hosts 28 contracted projects, representing total investments of around $734.1 million over a combined area of 1,794,400 square metres.
These projects are expected to collectively create 38,455 direct job opportunities, added the release.
ALCHEMPro News Desk (SG)
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