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SCZONE, Shaoxing BEIQI sign $7 million deal for RMG facility

29 May '25
1 min read
SCZONE, Shaoxing BEIQI sign $7 million deal for RMG facility
Pic: Shutterstock

Insights

  • Egypt's SCZONE and China's Shaoxing BEIQI Textile Co. have signed a $7 million deal to establish a garment facility in West Qantara, creating 3,000 jobs and producing 10 million garments annually.
  • This marks the 21st project in the zone, totalling $603.5 million and over 30,600 jobs. West Qantara's strategic location makes it a key hub for labour-intensive industries like textiles.
Egypt’s Suez Canal Economic Zone (SCZONE) and China’s Shaoxing BEIQI Textile Co. have signed a $7 million agreement to set up a ready-made garment (RMG) manufacturing facility in the West Qantara Industrial Zone.

The investment will create around 3,000 direct jobs. The new 16,000-square-metre facility is expected to produce over 10 million garments annually, with 90 per cent destined for export and 10 per cent for the local market. This investment underscores West Qantara’s rising attractiveness for export-driven industries, especially in textiles and garments, as per media reports.

With this new project, the West Qantara Industrial Zone now hosts 21 initiatives totalling $603.5 million in investments and creating more than 30,600 direct jobs.

The zone’s prime location, robust logistics infrastructure, and full-service support make it an ideal hub for labour-intensive industries such as textiles, enhancing its competitive position in the market.

ALCHEMPro News Desk (RR)

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