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  "path": "/industry/2026/06/16/zhejiang-hongda-textile-manufacturing-invests-20m-in-egypts-growing-textile-export-hub/",
  "publishedAt": "2026-06-16T16:25:59.000Z",
  "site": "https://meobserver.org",
  "tags": [
    "Egypt",
    "Industry",
    "Apparel Industry",
    "China",
    "exports",
    "foreign direct investment",
    "manufacturing",
    "Near-Shoring",
    "SCZONE",
    "Suez Canal Economic Zone",
    "Textile Industry",
    "West Qantara",
    "Zhejiang Hongda",
    "Zhejiang Hongda Textile Manufacturing Invests $20m in Egypt’s Growing Textile Export Hub",
    "The Middle East Observer"
  ],
  "textContent": "CAIRO—The Suez Canal Economic Zone (SCZONE) has secured a new Chinese industrial investment after signing an agreement with Zhejiang Hongda Textile Manufacturing and Processing to establish a textile production facility in the West Qantara Industrial Zone. The project will involve investments of $20 million and will be developed on a 60,000-square-metre site. The factory is expected to create around 500 […]\n\nThe post Zhejiang Hongda Textile Manufacturing Invests $20m in Egypt’s Growing Textile Export Hub appeared first on The Middle East Observer.",
  "title": "Zhejiang Hongda Textile Manufacturing Invests $20m in Egypt’s Growing Textile Export Hub"
}