The Economist of the Suez Canal signs a factory construction contract "Jiangsu Gotai" Chinese for ready -made clothes in Qantara West

Jamal Al -Din: We signed the final use contracts for 15 projects in Qantara West and we laid the foundation stone for 5 of them with an export rate of 80% for Europe and the Americas through the port of West Port Said h3>
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Walid Jamal Al -Din, Chairman of the General Authority of the Economic Zone of the Suez Canal, Mr. Tang Xiao, President & Quot; Jiangsu Guotai & quot; The Chinese, by signing a contract of use of a use of a factory for ready -made clothes in favor of the latter, is located on an area of 21 thousand square meters in the Qantara area of the industrial area of the Suez Canal economy, and the total project investments are 10 million dollars, which is equivalent to 500 million pounds, and provides 2000 direct job opportunities, and it is planned that the factory will export its entire production of ready -made clothes abroad, this signing ceremony was attended by a number of executive leaders of the region Economic. And agricultural manufacturing, indicating the completion of the signing of the actual use contracts for 15 projects so far in the Qantara region of West with investments of 490 million dollars, on an area exceeding one million and 31 thousand square meters, and the volume of employment exceeds 20 thousand workers, and a total average of the export rate abroad from production is 80% for the markets of Europe and the Americas, through the port of West Port Said, one of the important ports of the authority, which is a window on The Mediterranean and European markets, which will witness an increase in the trading movement, especially after the opening of the Qantara projects west, explaining that the authority celebrated the laying of the foundation stone for 5 projects among the contracts of the usufruct signed, and the rest of the projects are being completed successively, announcing that the first two projects in Qantara West during the second half of the current year 2025, indicating that the economic zone is keen to settle the industry by building integrated industrial gatherings, Rehabilitation and training of employment, and maximizing the benefit of all economic tools with the authority from marine ports, industrial and logistical areas, attractive investment incentives and free and international trade agreements that allow the wide permeability of various global markets, in addition to the strategic location of the authority, which enhances its being the global investment destination. Jotai & quot; Follow the & quot; Jiangsu Guotai International Group Co., Ltd. (GTIG) & quot; Chinese, which was founded in 1988; It ranks 329 with a list & quot; Fortune China 500 in 2023 & quot; and provides high -level comprehensive services in the field of textiles, ready -made clothes, spinning, threads, fabrics, home textiles and accessories, and has established branches in many Asian, European countries and the United States, with more than 4000 employees and in 2023 the company’s revenues reached 9,2 billion dollars.
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