Investment
JASAN Group lays foundation for Egypt textile complex in China
Seetao 2026-08-13 09:53
  • Chinese textile manufacturing benchmark landing in Egypt, 90% of products exported globally
Reading this article requires
8 Minute

On August 10, 2026, the Cantarasi Industrial Zone in Egypt welcomed a grand groundbreaking ceremony. Walid Jamal El Din, Chairman of the Suez Canal Economic Zone, and Zhang Mawei, Chairman of the Clothing Department of Zhejiang Jiansheng Group Co., Ltd. in China, jointly used shovels to cultivate the first soil for this textile and clothing complex with a total investment of 117 million US dollars. Two years ago, this was still a flooded area, but now it has gathered 54 projects and invested 1.54 billion US dollars. The addition of JASAN Group provides another significant footnote for Chinese textile enterprises to expand their production capacity overseas.

117 million US dollars complex

The total investment of the project is 117 million US dollars, covering an area of 300000 square meters, and is fully self funded by the enterprise. The complex integrates spinning and weaving, ready to wear and sportswear, seamless clothing, socks, accessories, rubber fabrics, and dyeing, and is the latest achievement in attracting high value-added, export-oriented manufacturing industries in the Suez Canal Economic Zone. The project will be promoted in three phases, applying intelligent manufacturing, automation, digital management, and green manufacturing technologies. The project plans to export 90% of its products to the global market and supply 10% locally in Egypt. It is expected to create approximately 6000 direct job opportunities after full production.

Kantarashi's rapid rise

The implementation of the JASAN project in the Cantarasi Industrial Zone is one of the most successful cases in the Suez Canal Economic Zone. The economic zone has transformed a flooded area into an attractive industrial zone in just two years, attracting 54 projects from 9 countries with a total investment of approximately 1.54 billion US dollars and creating nearly 69000 direct employment opportunities. Among them, the textile, weaving, and garment industries account for 43 projects, with the highest proportion. The Chairman of the Economic Zone stated that the foundation laying of the JASAN project marks a new milestone in the industrial development of Cantarasi, reflecting the region's advantages in utilizing its strategic location, improving infrastructure, and adjacent Red Sea and Mediterranean ports. From fiscal year 2025 to 2026, the Suez Canal Economic Zone signed 117 industrial projects with a total investment of 7.26 billion US dollars. Keywords: the Belt and Road news, enterprise sailing, textile industry, international cooperation

Chinese textile clusters going global

JASAN Group is a global sock and clothing manufacturer headquartered in China, supplying international sports and fashion brands with 20 years of operational experience in China and Vietnam. This Egypt project is another key milestone in the group's global layout. From JASAN's $117 million complex to Jiangsu Guotai's $10 million ready to wear factory, and then to Zhejiang Hongda's $20 million textile project, Cantalaxi Industrial Zone is becoming a gathering place for Chinese textile enterprises to go global. Egypt's garment exports have continued to grow, with a year-on-year increase of 15% to $1.15 billion in the first four months of 2026. Egypt has signed relevant tax preferential agreements with the European Union, the United States, and Arab countries. The path of manufacturing and selling in Egypt to the world has been verified, and it is becoming a strategic springboard for Chinese textile enterprises to smoothly access the European and American markets.Editor/Gao Xue

Comment

Related articles

Investment

China Harbour signs contract for Algeria phosphate integrated project

08-13

Investment

China Harbour won the bid for the Fez Photovoltaic Power Station in Morocco

08-11

Investment

Baigong Steel collaborates with Ukrainian giant to develop three major mines

08-11

Investment

Chuanqing Drilling brings intelligent technology to deeply cultivate Uzbekistan

08-10

Investment

China accelerates the construction of the Issyk Kul Lake sewage treatment project

08-10

Investment

Chinese Enterprises Layout in Tajikistan, Hartron Energy Infrastructure Accelerates Again

08-10

Collect
Comment
Share

Retrieve password

Get verification code
Sure