# Hengsheng to build $70M textile factory in Qantara West, Egypt

Zhejiang Hengsheng Dyeing, Finishing & Printing Co. Ltd. laid the foundation stone for a textile and garments factory in Qantara West Industrial Zone, Egypt, with a total investment of $70 million, covering 200,000 square meters and expected to create 1,500 jobs.

- Type: New facility
- Announced: 2024-07-14
- Where: Qantara West Industrial Zone, Ismailia, Egypt
- Value: $70.0M
- Jobs: 1,500
- Status: under construction
- Products: textiles and garments
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Zhejiang Hengsheng Dyeing, Finishing & Printing Co. Ltd.](https://endata.com/companies/78590.md)

## Sources

- [dailynewsegypt.com](https://dailynewsegypt.com/2024/07/14/chinese-textile-giant-hengsheng-invests-70m-in-qantara-west-factory/), 2024-07-14: "The factory, with a total investment of $70m, will cover an area of 200,000 square meters across two phases, each spanning 100,000 square meters."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.