The contract was signed by company representative Syed
Fasihuddin Biyabani, in the presence of senior SCZone officials.
Gamal El-Din said the Interloop project marks the first
Pakistani industrial investment in the SCZone. He stressed that it represents a
milestone in strengthening industrial cooperation between Egypt and Pakistan.
He added that the project reinforces Qantara West’s position as one of the most
promising global industrial destinations, backed by its strong investment
appeal in ready-made garments and accessories manufacturing.
The chairman noted that dedicating all production for export
reflects foreign investors’ confidence in the SCZone’s business climate. He
emphasized that the project will boost Egyptian exports and support global
supply chains in the garment industry.
The signing of this contract raises the total number of
projects in Qantara West Industrial Zone to 39, with total investments of
nearly $1.043 billion. The projects now cover 2.44 million square meters and
provide around 55,700 direct jobs.
Interloop Group, founded in 1992 in Pakistan, is one of the
world’s leading manufacturers. The company operates across six countries:
Pakistan, the United States, the Netherlands, Sri Lanka, China, and Japan. With
extensive export experience, the group’s decision to invest in Egypt aims to
leverage the SCZone’s strategic location, offering access to African, European,
and Middle Eastern markets.