SCZONE Signs $17mln Deal with China’s Hightex for Fabric Plant

China’s Hightx to invest EGP 851.7m in decorative fabrics plant in Qantara West

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Tuesday with Winlong Lu, Chairperson of Chinese decorative fabric and home textiles manufacturer Hightx, to launch the company’s latest project in the Qantara West industrial zone. The new facility will span 65,000 square meters and involve a

SCZONE signs $17mln deal with China’s Hightex for fabric plant

The project will be located in Qantara West Industrial Zone

Walid Jamal Al-Din, Chairman of the Suez Canal Economic Area, signed today a project by HIGHTEX Co., Ltd. Hangzhou, a Chinese company specializing in the manufacture of decorative fabrics and mattresses, to set up its project within the West Taurat area, on an area of 65,000 square metres, adjacent to a number of existing projects in the same activity, at an investment cost ...