SCZone Attracts $1.055 Billion in Investments as Qantara Industrial Zone Launches

Suez Canal Economic Zone (SCZone) Chairman Walid Gamal El-Din emphasized that Qantara West Industrial Zone has rapidly progressed from blueprint to reality in just two years, attracting $1.055 billion in investments across 40 projects. Land has already been allocated for 25 of these projects, with construction underway on infrastructure and facilities.

“The zone now serves as a launchpad for new industries, reinforcing Egypt’s capacity to localize manufacturing, reduce imports, and strengthen industrial competitiveness,” Gamal El-Din said.

Egypt’s Prime Minister Mostafa Madbouly inaugurated a series of industrial and development projects in the Qantara West Industrial Zone on Saturday, marking what officials described as a new milestone in the transformation of the SCZone into a regional hub for manufacturing and exports.

Madbouly hailed the opening as a strong signal of Qantara West’s rise as one of Egypt’s most promising industrial centers. “This represents an important step toward deepening local manufacturing and import substitution, enhancing the competitiveness of the national economy,” he said, noting that the zone has quickly evolved into a regional textile hub and a model for accelerating industrial localization.

The day’s events included the inauguration of major industrial projects such as China’s Hengsheng Textile Technology factory and Turkey’s Eroğlu Garment plant, alongside vital infrastructure works.

The full development of Qantara West, which spans 19 million square meters, carries an estimated infrastructure cost of 14 billion Egyptian pounds. Key facilities include a drinking water treatment plant, dual-phase raw water intake station, sewage treatment and pumping stations, a 500 MVA power substation, gas distribution networks, telecom systems, and 20 km of new roadways.

Phase one, covering 4 million square meters, has already been completed at a cost of 4 billion pounds, with subsequent phases under implementation.

Officials stressed that the zone’s rapid development reflects the SCZone’s broader mission: to transform Egypt into a regional hub for industry and logistics. Gamal El-Din highlighted the progress as the result of years of work overcoming infrastructure challenges, sustained investment promotion campaigns, and growing investor confidence in Egypt’s industrial climate.

“With Qantara West, the SCZone is positioning itself as a key player in global value chains, capable of attracting more investments and reinforcing Egypt’s role as a leading industrial and logistics hub,” he concluded.