News
Manufacturing
New Textile and ready-made-garments production zone in Portsaid
Port Said Governor Mustafa Kamel has signed an agreement dedicating one million square meters of land in the city’s southern industrial zone for the establishment of a textile and ready-made-garments production zone, mirroring a similar project in Borg El-Arab.
Egytex News Desk
Egytex
The price of the land is LE 90 per meter; the site has already attracted strong interest from Turkish companies.
Turkish-Egyptian trade rang in at $750 million last year and is expected to grow to $1 billion by the end of 2006.
From the Egytex news archive, first published on 13 July 2006. Figures and names are as reported at the time.
