The new lines will specialize in manufacturing nonwoven
hygiene products. Backed by $44 million in investments (approximately EGP 2.2
billion), the project is expected to generate over 400 direct jobs. Around 75%
of total production will be allocated for export, with operations set to begin
by March 2026.
The event was attended by Major General Tarek El-Shazly,
Governor of Suez, Salih Mutlu Şen, Turkish Ambassador to Cairo, Şenol
Keserlioglu, General Manager of Hayat Egypt, senior SCZone executives, and
representatives of Orascom Industrial Parks.
Gamal El-Din noted that SCZone has recently attracted a wide
range of investments in sectors aligned with the authority’s localization
strategy. The expansion of Hayat Egypt marks a new chapter in Turkish
investment within SCZone, now comprising 18 companies across sectors such as
textiles, ready-made garments, and hygiene products. Total Turkish investments
have reached approximately $793.8 million, including $508 million from 10
companies in the Sokhna zone, and $285.8 million from 8 companies in West
Qantara.
The Chairman added that these expansions reflect strong
confidence from Turkish investors in SCZone’s business climate, supported by
promotional efforts, infrastructure development to international standards, and
the digitization of single-window services to enhance the investor experience.
He also expressed optimism for increased international investments to support SCZone’s vision of localizing industry in strategic sectors and boosting Egyptian exports. This aligns with Egypt’s current political and economic stability, and strong international relations, which are key pillars for transforming the country into a global industrial base and logistics hub.