Arab FinanceThe Chinese company de Setta laid the cornerstone of its new accessories and ready -made clothes in Al -Qantara, west of the industrial area, at an investment cost of 40 million dollars, according to To explain Issued by the General Authority of the Economic Zone of the Suez Canal.
It is expected that the operating factory to be built on an area of 83 thousand square meters will start next September, and provides about 1,200 direct job opportunities.
On this occasion, Walid Jamal Al -Din, Chairman of the General Authority of the Economic Zone of the Suez Canal, stated that the region is moving steadily towards attracting investment in the targeted industrial sectors, stressing its keenness on the diversity of these investments to include all the industrial areas of the authority, pointing out that the economic zone has 4 industrial areas in Sokhna, East Port Said, Qantara West, and East Ismailia; Where each of them specializes in a number of industrial sectors that are targeted to localize them in each region, and these industries and activities differ depending on the geographical location and the availability of specific raw materials that serve this industry.
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