...QantaraWestIndustrialZone ... Gamal El-Din welcomed Jasan Group’s entry into the Qantara West Industrial Zone, describing the project as a high-quality addition to Egypt’s textile and garment industry.
Marking the first Korean project in WestQantara, the new facility will span 40,000 square meters and is expected to create around 2,000 direct jobs upon completion.
On the sidelines of the ceremony, Gamal El-Din noted that the first phase of the WestQantara development project has so far attracted 44 projects, either completed or under construction, with total investments reaching $1.17bn.
A consortium of Egyptian and Chinese companies has signed contracts for three new industrial projects in the WestQantara industrial zone, with a total investment of $75m (approximately EGP 3.6bn).
Madbouli made the remarks upon his arrival Saturday morning at the WestQantaraZone, which is affiliated to the Suez Canal Economic Zone (SCZONE), to witness the opening of several new development and industrial projects there.