Egypt approves $15 mn garment project in Sadat City’s free zone

Egypt’s Cabinet has approved the establishment of Karnak Textile for Ready-Made Garments Limited Liability Company (LLC) under the private free zone system, paving the way for a $15 million investment aimed at boosting garment manufacturing and exports.The factory will be built on a 31,535-square-metre site in Sadat City, Monufia Governorate, and is scheduled to begin commercial operations in May 2027.

Egypt has approved Karnak Textile for Ready-Made Garments LLC as a private free zone project, with $15 million investment in Sadat City.
The 31,535-square-metre factory is set to start commercial operations in May 2027 and create 3,500 jobs.
It will use at least 50 per cent locally sourced inputs and export all output to the European Union and US, supporting Egypt’s apparel export base.

The project is expected to create 3,500 jobs, use at least 50 per cent locally sourced production inputs, and export 100 per cent of its output to the European Union and the United States, supporting Egypt’s export-oriented textile and apparel sector, as reported by the Egyptian media.

The approval was among several decisions taken during a cabinet meeting chaired by Prime Minister Mostafa Madbouly. The cabinet also allocated 55.47 feddans of state-owned land in Ain Sokhna, Suez Governorate, for development projects.

In addition, the cabinet approved a contract to enhance the Egyptian Tax Authority’s B2C electronic receipt system.

Fibre2Fashion News Desk (CG)