3 days ago
Turkish Hayat Egypt opens USD44m factory in SCZone
On 13 July, the foundation stone was laid for new production lines for the Turkish 'Hayat Egypt' factory for hygienic products in the Suez Canal Economic Zone (SCZONE) in Sokhna. Waleid Gamal El-Dien.
Chairman of the General Authority of SCZONE attended the event. Also attending were Governor of Suez, Major General Tarek El-Shazly; Turkish Ambassador to Cairo, Salih Mutlu Şen; Şenol Keserlioglu, General Manager of Hayat Egypt; in addition to a number of SCZONE executive leaders, and representatives of the industrial developer Orascom Industrial Parks.
At an investment of USD44 million, the factory is being built on an area of 30,000 sq.m in the Orascom Industrial Parks developer's zone inside the Sokhna Integrated Zone. The new expansions, which will create more than 400 direct job opportunities, will target the production of non-woven hygienic products. Some 75 per cent of the total production is allocated for export. Operating is expected to start in March 2026.
'SCZone has recently succeeded in attracting diverse investments in sectors targeted for localisation in Egypt,' Mr Gamal El-Dien said. 'The expansions of 'Hayat Egypt' add a new chapter to Turkish investments within the SCZone, which now number 18 companies in various sectors, most notably textiles and ready-made garments, and hygiene products. Their total investments have reached some USD793.8 million, including 10 companies in the Sokhna integrated zone with investments of USD508 million, and eight companies in West Qantara with investment costs of USD285.8 million.
'The Turkish expansions reflect the great confidence of investors in the investment climate within SCZONE. It comes as a result of vigorous promotional efforts SCZONE is exerting, and the massive investments it has injected to set up infrastructure and facilities according to the latest international standards. This in addition to the efforts to digitise the one-stop-shop services to improve investor experience and overcome the challenges they face.'
Watani International
14 July 2025 Comments
comments Tags: Mariam AdlyTurkish Hayat Egypt sanitary
