Egypt’s Prime Minister inaugurates $6m HK Ding Chang Sheng textile factory in Sokhna

Egypt’s Prime Minister Moustafa Madbouly inaugurated on Thursday the HK Ding Chang Sheng Group Co Ltd factory for the production of various home textiles within the TEDA Egypt industrial developer area, with investments of around $6 million.

The project spans 35,000 square metres and has an annual production capacity of 35,000 tons. Trial operations began on 20 December 2025, according to company officials.

The factory is expected to provide around 200 jobs. It also targets exporting about 70 per cent of its production to external markets, supporting foreign currency inflows, while allocating the remaining 30 per cent to the local market. This production model is expected to enhance value added in the textile sector and strengthen supply chains.

The inauguration took place during Madbouly’s tour of the Sokhna Industrial Zone. Madbouly said the project reflects the state’s direction to support the expansion of textile industries, deepen value added, and increase export opportunities to global markets, noting that the sector is labour intensive and has strong export potential.

He added that the government continues to attract industrial investments aimed at boosting local production and improving the competitiveness of Egyptian exports, with a focus on increasing value added within the national economy.

Attribution: Amwal Al Ghad English