The factory, spanning 16,000 square meters and representing a $7 million self-financed investment, is projected to create 3,000 direct jobs. It aims to produce over 10 million pieces annually, with 90% designated for export and 10% for the local market. The agreement was signed by Major General Mohamed Ahmed, SCZONE Vice Chairman for the Northern Region, and Ms. Ju Xueying, legal representative and owner of Shaoxing BEIQI Textile Co., Ltd.
Gamal El-Din emphasized Qantara West's success in attracting
export-oriented industries, particularly ready-made garments. He highlighted
the zone's rapid performance as a testament to its readiness for further
investments and the effectiveness of SCZONE's development plans to achieve
local added value and leverage its strategic location. He noted that diverse
projects in Qantara West, especially in textiles and garments, contribute to
building a specialized and integrated industrial base, supporting supply chains
and fostering sustainable growth. This strengthens Qantara West's potential to
become a leading regional hub for textile and ready-made garment industries in
the Middle East and Africa.
This new contract brings the total number of projects in the
Qantara West Industrial Zone to 21, with combined investments of approximately $603.5
million and over 30,600 direct job opportunities. This reflects growing
investor confidence in the SCZONE's business environment. Gamal El-Din added
that Qantara West's unique location, connected to the SCZONE's port network and
integrated logistics hubs, provides a high competitive advantage, making it a
preferred destination for labor-intensive industries. This also aligns with
SCZONE's strategic direction to boost exports, reduce imports, and increase the
industrial sector's contribution to GDP.
Shaoxing BEIQI Textile Co., Ltd., established in 2008 and headquartered in Shaoxing, China, is a major fabric producer. The company integrates research and development, production, trade, and distribution, with a comprehensive supply chain covering design, manufacturing, packaging, and export.