Suez Canal Economic Zone (SCZONE)

The Suez Canal Economic Zone (SCZONE) and the Chinese industrial developer TEDA-Egypt have laid the foundation stone for a new textile factory in the Sokhna Integrated Industrial Zone. The factory, named Egypt Cady Textiles, will produce high-quality and environment-friendly fabrics and clothing using smart manufacturing methods. The factory is part of the expansion of TEDA-Egypt in the Sokhna zone, where it has over 130 industrial and service facilities with investments of $1.6bn. The factory is…