Egypt’s West Qantara Zone attracts $1.05b in foreign investments – Cabinet

Egypt’s West Qantara Industrial Zone has attracted about $1.055 billion in investments from seven countries, including China, Türkiye, Germany, and Greece, the Cabinet said Saturday, as Prime Minister Moustafa Madbouly inaugurated new development and industrial projects at the site.

Located in Abu Khalifa, Ismailia, and covering 19 square km, the zone is positioned as a hub for labour-intensive industries and a strategic link between the Mediterranean and Red Sea ports.

Phase one of the project — spanning 4 square km — was completed in July 2024, with 981,000 square metres of land prepared for investors. Works included internal roads, water and electricity networks, wastewater treatment and pumping stations, and a gas pressure reduction station. Additional infrastructure, such as a 500-MW transformer station, a second water intake, and expanded sewage facilities, is under construction.

The zone currently hosts 40 projects providing roughly 55,600 jobs, with contracted projects covering 2.47 million square metres. Investments focus on textiles and garments, food processing, logistics, packaging, and poultry equipment manufacturing.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser