China’s Jasan Group will invest $117 million in a textile and apparel complex in Egypt’s Suez Canal Economic Zone (SCZONE), adding new export-oriented manufacturing capacity as the country seeks to increase its textile exports.
The SCZONE Authority announced the investment on August 10, 2026. The foundation stone for the project has already been laid at the Qantara West Industrial Zone. The complex will cover 300,000 square meters and be developed in three phases. It will include spinning, weaving and garment production units, including sportswear, as well as facilities for socks, accessories and dyeing.
The SCZONE Authority described the investment as another important step in attracting international industrial investment and strengthening Qantara West’s position as a hub for spinning, textiles and ready-made garments. Once completed, the complex is expected to create about 6,000 direct jobs. Around 90% of its production will be sold on international markets, making the project largely export-oriented. The project comes as foreign investors, particularly Chinese and Turkish companies, increase their presence in Egypt’s textile industry.
On April 27, the SCZONE announced an $8 million agreement with Turkish companies Dinamik Raus Tekstil and YILTEM Apparel to build a garment factory in the same industrial zone. The Egyptian government is also seeking to increase the textile sector’s contribution to exports. The Apparel Export Council expects exports to reach $4.4 billion in 2026, driven mainly by ready-made garments, and has set a target of $11.5 billion a year by 2030. That target would be more than four times the sector’s $2.8 billion in exports recorded in 2024.
