# Kingdom Holdings to build $60M flax plant in Sadat City, Egypt

Kingdom Holdings signed an agreement with Elsewedy Industrial Development to build a 50,000 sqm flax spinning and weaving plant in Industria Sadat, Egypt. The $60 million investment is expected to start production in 2026, with an annual capacity of 5,000 tons of flax yarn and sales of $300 million.

- Type: New facility
- Announced: 2025-01-13
- Where: Industria Sadat, Sadat City, Monufia Governorate, Egypt
- Value: $60.0M
- Jobs: 500
- Starts operating: 2026
- Status: announced
- Capacity: 5,000 tons of flax yarn per year
- Products: flax yarn, linen textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kingdom Holding Company](https://endata.com/companies/28489.md)
- [Elsewedy Electric](https://endata.com/companies/15852.md) (investor)
- [Elsewedy Industrial Development](https://endata.com/companies/60107.md) (partner)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2025/01/13/1860812), 2025-01-13: "تستثمر المجموعة الصينية نحو 60 مليون دولار في 'إندستريا السادات'، لبناء أول مصنع لها للكتان في مصر."

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