Arab Finance: Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), laid the foundation stone for the first phase of the Chinese project, Di Seta, in the Qantara West Industrial Zone, according to a statement.

The Chinese company established the project for accessories and ready-made clothes, with an investment cost of $40 million for the first phase only.

Located on a total area of 83,000 square meters for the two phases, the project provides 1,200 direct job opportunities and is planned to start operation in September 2025.

Gamal El-Dien highlighted that the authority attracted 15 projects so far in the Qantara West industrial zone on an area of approximately 1.031 million square meters and total investments amounting to $490 million.

These projects contribute to securing more than 20,000 jobs.

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