Egypt’s Suez Canal Economic Zone has signed a new investment project by Turkish company YILTEM Apparel & Dinamik Raus Tekstil to set up a $8-million RMG and textiles factory within the Qantara West Industrial Zone.
The facility is expected to create 700 direct jobs, with 90 per cent of production targeted for exports.
The new project takes the total number of Turkish projects in the zone to 15.Egypt’s Suez Canal Economic Zone has signed a new investment project by Turkish company YILTEM Apparel & Dinamik Raus Tekstil to set up a $8-million RMG and textiles factory within the Qantara West Industrial Zone.
The facility is expected to create 700 direct jobs, with 90 per cent of production targeted for exports.
The new project takes the total number of Turkish projects in the zone to 15.
