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New Textile Free Zones in Suez and 10th Ramadan
The Cabinet approved the establishment of two free zones for clothing and textiles in the governorates of Menoufiya (Sadat) and Al-Sharqiya (10th of Ramadan). The aim is to enhance industrial activities and increase investments in the ready-made clothing and textile sectors. The Sadat zone includes Crenk Textile Company, which specializes in manufacturing ready-made garments on an area of 31,535 square meters. The company is required to export 100% of its production and utilize at least 25% of local components, along with commitments to security and environmental guarantees. In the 10th of Ramadan, an area dedicated to textile manufacturing has been allocated for Ula Jett Company, covering 159,121 square meters. This company must also export 100% of its production and use at least 30% of local components, while complying with environmental and security requirements. The General Investment Authority and the Free Zone Monitoring Agency will oversee activities in these zones to ensure compliance with standards and procedures.
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