The ceremony was attended by Wu Jinping, Chairman of the
Board of Directors of Top New Group; Liu Kunyuan, General Manager of Top New
Garment Company; and Liao Hanwen, Chairman of the Board of Directors of Top
Credit Textile Company.
The first project, implemented by China’s Top New Garment
Group, focuses on manufacturing ready-made garments and sportswear in Qantara
West Industrial Zone, with total investments of $7.2 million. The fully
integrated factory, covering 28,000 square meters, will create 4,000 direct
jobs and produce more than 25 million garments annually, entirely for export.
Production is scheduled to begin in July 2026.
The second project, launched by Top Credit Textile, involves
the establishment of a fabric and textile manufacturing facility with
investments amounting to $13.3 million. It will cover 40,000 square meters,
create 600 direct jobs, and achieve an annual production capacity exceeding
28,000 tons, with 80% of its output exported.
Waleid Gamal El-Din expressed appreciation to the
Authority’s partners, companies, and investors for their role in turning the
development of Qantara West Industrial Zone into a reality. The first phase of
the zone’s development has so far attracted 44 projects, either under contract
or under construction, with total investments of $1.17 billion.
These projects span an area of 2.79 million square meters
and provide over 60,000 direct job opportunities, achieved within just two
years of launching development efforts in Qantara West.
The SCZONE Chairman noted that this progress reflects the
Authority’s efforts to promote the zone and attract investors, positioning it
as a promising destination for the entire value chain of the textile and
clothing industry, as well as food and agricultural manufacturing.
Waleid Gamal El-Din highlighted the zone’s strategic
location, availability of skilled labor, and integration with seaports, giving
it a competitive edge as a gateway to regional and global markets. He also
revealed upcoming project openings in Qantara West, reaffirming the Authority’s
commitment to continuing development to meet growing investor demand driven by
the success of earlier investments.
He added that SCZONE continues to enhance infrastructure
readiness and provide comprehensive facilities, including logistics services
and streamlined licensing procedures, to create a fully integrated investment
environment. These efforts, he noted, further consolidate the region’s position
as a global hub for industry and logistics, supported by a diverse system of
economic incentives.