Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), attended the groundbreaking ceremony on Monday for a new industrial project by Zhejiang Jiansheng Group Co. Ltd, commercially known as JASAN Group, in the Qantara West Industrial Zone.
The project will be developed on a 300,000-square-metre site with total investments of up to $117m, fully self-financed, and will be implemented in three successive phases.
It will comprise an integrated industrial complex covering spinning and weaving, ready-made and sportswear manufacturing, seamless garments, socks, accessories, elastic fabrics, and dyeing. The project is expected to export 90% of its production to international markets, with the remaining 10% serving the domestic market, and is projected to create around 6,000 direct jobs once fully operational.
Gamal El-Din said the groundbreaking marks a new milestone in the development of the Qantara West Industrial Zone and reflects the success of SCZONE’s vision to transform the area into a specialised hub for the textile and ready-made garments industries.
He said the zone benefits from a strategic location, integrated infrastructure, and proximity to major transport networks and SCZONE ports on both the Red Sea and the Mediterranean Sea, enabling greater integration between manufacturing and logistics while enhancing the competitiveness of Egyptian products in global markets.
He added that Qantara West is attracting increasing interest from leading international companies in the textile and garment sector, underscoring growing investor confidence in the opportunities offered by SCZONE and its ability to attract export-oriented, high value-added industries.
Gamal El-Din said SCZONE contracted 117 industrial projects during the 2025/26 fiscal year, with total investments of $7.26bn.
He said the achievement reflects sustained investment momentum across the authority’s industrial zones and demonstrates the effectiveness of its strategy to attract foreign direct investment, localise targeted industries, increase the industrial sector’s contribution to exports, create employment opportunities, and strengthen the competitiveness of the Egyptian economy in line with the state’s sustainable development objectives.
For his part, Zhang Maoyi, Chairperson of JASAN Group, said the company’s decision to establish its new production base in Egypt reflects its confidence in the country’s long-term prospects and investment potential.
He noted that Egypt’s strategic location, extensive trade agreements, and access to international markets make it an ideal platform for the company’s regional expansion and global export strategy.
Zhang added that JASAN Group plans to introduce advanced smart manufacturing technologies, automation, digital management systems, and environmentally sustainable production practices. The project will also contribute to job creation and workforce development, supporting the growth of Egypt’s textile industry and enhancing the competitiveness of its manufacturing sector.
The Qantara West Industrial Zone has emerged as one of SCZONE’s most prominent development success stories. In just two years, the authority transformed previously waterlogged land into a thriving industrial zone attracting major international investment.
The zone currently hosts 54 projects from investors representing nine nationalities, with combined investments of approximately $1.54bn and the potential to generate around 68,915 direct jobs. The textile and ready-made garments sector accounts for the largest share of investment, with 43 projects currently under development.
