Xinfeng to build $1.65B industrial complex in Sokhna, Egypt

XinFeng Egypt signed a deal with the Suez Canal Economic Zone to establish an integrated manufacturing complex in Sokhna, covering nine industrial projects and two service centers. Total investment is $1.65 billion, expected to create 8,000 jobs. First phase includes factories for automotive components, metallic components, fasteners, and hot-rolled coil.

“The complex will cover nine industrial projects and two service centers for research and development and solid waste recycling.”zawya.com

• 1 source
• zawya.comXinfeng to establish $1.65bln industrial complex in Egypt's SCZoneArab FinanceMar 26, 2025

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