The project, a collaboration between Egypt’s SCZONE and Eroglu Global Holding Group, will cover 64,000 m² and is expected to create approximately 2,750 jobs when it becomes operational in January 2025.
It is said that plans are already underway for future expansion, with plans for a second phase which will cover a further 400,000m².
SCZONE Chairman Waleid Gamal El-Dien, who chaired the ceremony, stressed that this investment is part of a broader initiative to locate industrial projects within the zone.
The initiative, developed in collaboration with the Egyptian Administrative Control Authority (ACA), targets 151 companies that are already successfully operating in the Egyptian market and have export potential.
Gamal El-Din stressed that this is the first Turkish investment in the Western Qantara area and one of the first major projects after SCZONE’s extensive efforts to develop and improve the region’s infrastructure.
Salih Mutlu Şen, Chairman of Eroglu Global Holding Group, said this is his company’s third investment in Egypt, following projects in Ismailia and Damietta.
He explained that the factory aims to achieve an export turnover of 100 million dollars, which is 70% of its production, while the remaining 30% is for the local market.
Equipped with state-of-the-art technology, including a water purification system and eco-friendly energy facilities, the factory aims to produce 7 million pairs of jeans a year when it reaches full capacity, he said.
Eroglu also stated that the project would strengthen economic ties between Egypt and Turkey.
“Turkish company Eroglu Garment begins construction of $40 million factory in Egypt” was originally created and published by Just Stylea brand of GlobalData.
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