The Suez Canal Economic Zone (SCZone) announced a significant investment deal with Haiyan Ximei Printing Co., Ltd. to establish a new packaging materials and product labeling factory in the West Qantara Industrial Zone. Covering 30,000 square meters, the $10 million project will provide raw material printing services and supply ready-made garment and textile factories in the zone. Once operational, the plant is expected to generate 160 direct jobs and export up to 70 percent of its output, significantly boosting the competitiveness of Egypt’s textile industry.

SCZone Chairman Walid Gamal Eldin emphasized that the project represents a key addition to West Qantara’s integrated industrial clusters. “We are working to localize and deepen industrialization by attracting complementary industries such as packaging, printing, dyeing, and finishing,” he said. “This factory is an important step toward reducing production costs and ensuring greater reliance on locally sourced raw materials and services.”

The initiative aligns with Egypt’s national economic development strategy, which prioritizes export-oriented industrial clusters to accelerate structural transformation. Gamal Eldin highlighted the rising demand for investment in West Qantara, citing the SCZone’s policies and incentives, including strong port connectivity, skilled labor availability, and competitive energy pricing. “By integrating maritime ports with industrial zones, we are giving investors seamless access to global markets while creating an environment that supports sustainable growth,” he added.