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SCZone signs agreement with Chinese company for RMG factory

Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai to build a $10 million ready-made garment (RMG) factory in Qantara West, creating 2,000 jobs. With 80 per cent of production destined for Europe and the US, the region is set to become a major exporter. SCZone has also launched five new projects.

Mar 19, 2025 - 08:24
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SCZone signs agreement with Chinese company for RMG factory
Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai to build a $10 million ready-made garment (RMG) factory in Qantara West, creating 2,000 jobs. With 80 per cent of production destined for Europe and the US, the region is set to become a major exporter. SCZone has also launched five new projects.
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