SCZONE’s Chairman witnesses the signing of the Turkish “Dinamik Raus Tekstil & YILTEM Apparel” garment and textiles project
Mr. Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a contract for the Turkish company “Dinamik Raus Tekstil & YILTEM Apparel” to establish a ready-made garments and textiles factory in Qantara West Industrial Zone.
The project will be developed on an area of 21,000 m², with total investments of USD 8 million, and is expected to create around 700 direct job opportunities.
It targets annual production of garments and textiles, with 90% allocated for export and 10% for the local market.
Mr. Waleid Gamal El-Dien stated that the project reflects SCZONE’s continued success in attracting diversified textile investments to Qantara West Industrial Zone, which has become a key regional hub for ready-made garments and textiles.
He noted that Turkish investments in the zone have reached approximately USD 560.2 million across 15 projects, in addition to an Egyptian–Turkish consortium project worth USD 2.1 million, further reinforcing industrial integration and export capacity.
