Egypt's SCZONE inks deal with Turkish firm to set up textile unit

The factory is likely to create 2,000 direct jobs and export nine-tenths of its production abroad.

SCZONE chairman Waleid Gamal El-Dien said the Qantara West Industrial Zone now hosts 34 projects with investments worth $859.3 million, providing over 48,000 direct jobs.

Meanwhile, Turkish conglomerate Sahinler Holding Group is planning to expand its operations in Egypt with investments exceeding $100 million, according to an Egyptian media outlet. It is now investing over EGP 2 billion (~$41 million) to expand its ready-to-wear garment manufacturing.

This includes the completion of its third sportswear factory in Egypt by the end of 2026. It will raise production lines to 34 from the current 10.

A fourth garment factory for the Zara brand is also being planned in the third phase of Robbiki City, east of Cairo.

Founded in 1982, Sahinler now operates two sportswear factories in Egypt with a total investment of $50 million, alongside five additional facilities in Turkiye, Bulgaria, Germany and France.

ALCHEMPro News Desk (DS)