Egypt’s SCZONE inks deals for 2 textile factories at $3 mn investment

SCZONE has signed agreements for two textile projects in the Sokhna Industrial Zone, Egypt, developed by MDC, with a total investment exceeding $3 million. The Velvet project, spanning 2,300 square metres, will focus on prayer rugs and textiles, aiming for $6 million in exports by 2025. The Legend project, covering 1,150 square metres, will enhance textile production.

Feb 15, 2025 - 03:56
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Egypt’s SCZONE inks deals for 2 textile factories at $3 mn investment
SCZONE has signed agreements for two textile projects in the Sokhna Industrial Zone, Egypt, developed by MDC, with a total investment exceeding $3 million. The Velvet project, spanning 2,300 square metres, will focus on prayer rugs and textiles, aiming for $6 million in exports by 2025. The Legend project, covering 1,150 square metres, will enhance textile production.