Chinese company to invest $30 mn for textile project in Egypt

Chinese company Kelida invests $30 million in a textiles project with Suez Canal Economic Zone (SCZONE).
It will export 90 per cent of its textiles.
SCZONE signed agreements for textile and food projects in Qantara West Zone, spanning 137,000 square metre and creating 1,450 jobs.
SCZONE’s first phase now totals $309 million investments, 751,000 square metre, and 14,200 jobs.

​Chinese company Kelida invests $30 million in a textiles project with Suez Canal Economic Zone (SCZONE).
It will export 90 per cent of its textiles.
SCZONE signed agreements for textile and food projects in Qantara West Zone, spanning 137,000 square metre and creating 1,450 jobs.
SCZONE’s first phase now totals $309 million investments, 751,000 square metre, and 14,200 jobs.