General Authority for the Suez Canal Economic Zone

Activity by year

2026

New facility

Jun 11, 2026NEW FACILITYEast Port Said Industrial Zone, Egypt$27.0M250 jobs
Avelon to build $27M technical textiles plant in Egypt's East Port Said
Canada's Avelon signed an agreement with Egypt's Suez Canal Economic Zone to build a technical textiles manufacturing plant in the East Port Said Industrial Zone. The first phase involves a $27 million investment and is expected to create 200 direct and 50 indirect jobs, with all output for export.
Avelon Suez Canal Economic Zone partner General Authority for the Suez Canal Economic Zone partner #Industrial Textiles en.amwalalghad.com zawya.com

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General Authority for the Suez Canal Economic Zone: plants, expansions, contracts and acquisitions · Endata