Egypt
Egypt’s Suez Canal Economic Zone (SCZone) inked a USD 22.6 million deal with China’s Changzhou Ramada Blanket Industry to build a large home textile and garment manufacturing facility in the Qantara West Industrial Zone, according to a statement released on Monday, 11 August. Covering 80,000 square meters, the new factory is expected to create 1,500 jobs and produce an estimated 5,000 tons of fabric annually, along with four million bed cover sets and one million car carpet sets, 90 percent…
