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$117M for Jasan Group industrial complex
Chinese company Jasan Group has announced the start of the construction of an integrated textile and ready-made garments industrial complex in the Qantara West Industrial Zone of the Suez Canal, with investments amounting to up to $117 million. The project is being built on an area of 300,000 square meters and aims to export 90% of its products to global markets, while providing approximately 6,000 direct jobs upon completion. The project includes multiple phases and encompasses activities such as spinning, manufacturing of ready-made garments, socks, and accessories. It is part of efforts to expand Egypt’s textile sector and boost exports, leveraging the country’s infrastructure and strategic location.
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