China and Egypt have launched the third phase of the TEDA
Suez Economic and Trade Cooperation Zone at Ain Sokhna, adding 2.86 sq km to
the existing 7.34 sq km development.
Located near Ain Sokhna port and the Suez Canal, the zone
offers manufacturers access to established supply chains, export logistics and
investment incentives. These include 100% foreign ownership and potential
customs, VAT and tax benefits for qualifying projects.
For textile and apparel companies, the expansion could offer
a base for manufacturing and exports. However, no specific textile investments
have been announced in this phase.
For textile and apparel companies, the expansion could offer a base for manufacturing and exports. However, no specific textile investments have been announced in this phase.
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