China Drops $2B to Build First Regional Zero-Carbon Textile Hub in Egypt

Textile

The megaproject is set to turn Egypt into a manufacturing gateway linking Africa, Europe, and the Middle East.4.5 million-square-meter industrial hub is to be completed in four yearsExpected to create 50,000–80,000 direct jobs + 60,000 indirect vacanciesProject includes factories, logistics centers, and technical training facilitiesThe project is part of Egypt’s push to become a regional manufacturing powerhouse as global supply chains shiftWorldChina Ready to Introduce Zero Tariffs on African Goods — President Xi31 October 2025, 04:35 GMT

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