The project will be located on 24,000 square meters in the Sokhna Industrial Zone, developed by the Main Development Company (MDC), SCZONE's developmental arm.
Total Investment: $15 million USD (equivalent to EGP 715
million), implemented in two phases ($10 million for Phase I, $5 million for
Phase II expansions).
Job Creation: Approximately 1,000 direct job opportunities.
Start of Operation: Scheduled for the third quarter of 2026.
Annual Capacity: 6,000 tons of yarn and 15,000 tons of
various fabrics.
The contract was signed by Major General Walid Youssef (MDC
Managing Director) and Engineer Mohamed Mazrou and Engineer Ahmed Moawad (Infinity
Fabric Directors), in the presence of company and SCZONE executive leaders.
Chairman Gamal El-Din stated that the project is a qualitative
addition that reflects SCZONE’s commitment to localizing value chains in the
textile industry, which is a historical pillar of the Egyptian economy.
He highlighted the textile sector as labor-intensive and
highly capable of achieving added value through the integration of all stages:
spinning, weaving, dyeing, printing, and design.
SCZONE is working to restore Egypt's leading regional
position in textiles by: attracting investments that establish integrated
production complexes linking manufacturing and export, and leveraging the logistical
and competitive advantages of the Sokhna Industrial Zone and Sokhna Port,
making it an ideal investment destination.
The project aligns with the Authority's vision for sustainable
industrial development and supports national efforts to localize transformative
industries, expand local production, increase exports, and create jobs.
The Infinity Fabric project falls under the initiative to expand industrial companies with export capabilities, according to Prime Minister's Decree No. 151 of 2024. This decree is designed to study and provide investment incentives for industrial companies in the Economic Zone, support companies that aim to export a portion of their production while also meeting local market needs, and back manufacturers of industrial production inputs to rationalize the import bill and boost reliance on local components.