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China Drops $2 Bln to Build First Regional Zero-Carbon Textile Hub in Egypt

CC0 / Rhugved_Kandpile / Textile
Textile - Sputnik International, 1920, 22.05.2026
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The megaproject is set to turn Egypt into a manufacturing gateway linking Africa, Europe, and the Middle East.
4.5 million-square-meter industrial hub is to be completed in four years
Expected to create 50,000–80,000 direct jobs + 60,000 indirect vacancies
Project includes factories, logistics centers, and technical training facilities
The project is part of Egypt's push to become a regional manufacturing powerhouse as global supply chains shift
Chinese President Xi Jinping waves during a meeting with Vietnam's Communist Party General Secretary To Lam at the Office of the Party Central Committee in Hanoi Monday, April 14, 2025. - Sputnik International, 1920, 31.10.2025
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China Ready to Introduce Zero Tariffs on African Goods - President Xi
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