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Industries
Egypt has strengthened its ambition to become a major textile and apparel manufacturing hub with the inauguration of a new garment production plant in New Borg El Arab City, Alexandria. The facility, known as Jade Textile, is managed by Turkey's Yesim Group and represents an investment of nearly EGP 500 million.
Egypt's Prime Minister Mostafa Madbouly officially inaugurated the plant during a visit to inspect several industrial projects in New Borg El-Arab City. The launch highlights Egypt's push to attract foreign industrial investment and expand its export capacity in the textile sector.
The Jade Textile facility spans approximately 60,000 square meters and serves as an integrated production center capable of handling multiple phases of garment manufacturing. Its processes include fabric cutting, embroidery, sewing, and finishing, all supported by cutting-edge manufacturing technology designed to improve efficiency and quality.
At full capacity, the plant is expected to generate annual export revenues ranging from $250 million to $500 million. This projection positions the facility as a significant contributor to Egypt's overall export performance and trade balance.
The initiative has already created over 6,000 jobs at the Alexandria location alone. These jobs contribute to Yesim Group's total employment footprint in Egypt, which now exceeds 15,000 employees across its businesses throughout the country.
In addition to the new Alexandria plant, Yesim Group operates production facilities in 10th Ramadan City and Ismailia. The company's expanded presence reflects growing foreign confidence in Egypt's textile and apparel sector.
Industry analysts view this investment as another indicator of increasing foreign trust in Egypt's manufacturing capabilities. The country continues to attract businesses seeking access to regional and global markets through its strategic geographic location and network of trade agreements offering advantageous export prospects.
Outside the Jade Textile facility, Egypt also inaugurated the first phase of the El-Gharably Industrial Complex on Sunday. This significant industrial facility spans 315,000 square meters and has an annual production capacity exceeding 100,000 tons, employed roughly 3,000 people with plans to expand to 5,000.
The El-Gharably complex includes a steel construction factory, Egypt's largest maintenance and engine repair facilities, and a separate plant for industrial and medicinal gases. Moataz El-Gharably leads the industrial complex, which seeks cooperation in railway wagon manufacture, agricultural machinery, and pipe construction.
