Ismailia Free Zone attracts $41.6M in new Chinese & Turkish investments

The new ventures are expected to generate approximately 16,000 direct job opportunities.

By: Business Today Staff

Wed, Aug. 6, 2025

The Ismailia Free Zone secured new investments from nine Chinese and Turkish companies, with a total investment value of $41.6 million.

 These projects span several sectors, including textiles, ready-made garments, sports protective wear, and the manufacturing of heating and plumbing spare parts.

The new ventures are expected to generate approximately 16,000 direct job opportunities.

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), affirmed that the new textile and garment investments are fully committed to exporting 100% of their production in line with the Ministry of Investment and International Cooperation’s strategy, “Investment for Export.”

 Heiba expects actual production at these new factories to commence in 2026.

He highlighted that these investment inflows reflect the success of Egypt’s ongoing efforts to create a business-friendly environment and foster industrial opportunities capable of employing thousands of workers.

Ayman Saleh, Head of the Ismailia General Free Zone, announced that the zone successfully prepared and equipped 60 acres for industrial use in 2024, allocating them to investors.

 He also revealed ongoing efforts to develop an additional 70 acres in 2025 to meet the surging demand for industrial investment, both nationwide and particularly within the Suez Canal Economic Zone.

Representatives of the Chinese and Turkish announced plans to relocate substantial portions of their production operations to Egypt, aiming to support GAFI’s vision of transforming Egypt into a central hub for export and re-export activities across the Middle East.