Egypt’s SCZone signs $20m contract with China’s Zhejiang Hongda for textile project

The General Authority for the Suez Canal Economic Zone (SCZone) signed a contract on Monday with Chinese company Zhejiang Hongda to establish a $20m textile manufacturing and processing project in the Qantara West Industrial Zone. The development, which spans 60,000 square metres, carries an investment cost of $20m and is projected to create approximately 500 […] The post Egypt’s SCZone signs $20m contract with China’s Zhejiang Hongda for textile project first appeared on Dailynewsegypt.