Shandong Ruyi signs $830M textile zone contract in Suez Canal area

Shandong Ruyi Spinning & Weaving Co. signed a contract to establish a textile industrial zone in the Suez Canal economic zone with investments of $830 million, creating over 10,000 jobs.

“The first contract was signed with Shandong Ruyi Spinning & Weaving Co. which intends to pump investments worth $830 million to establish a textile industrial zone in the Suez Cana industrial zone, providing more than 10,000 job opportunities.”egypttoday.com

• 1 source
• egypttoday.comMamish signs 3 contracts exceeding $1B with Chinese companies - EgyptTodaySep 3, 2018

Summarized from public sources; check the original articles before acting on it.