SCZONE, China’s Henneway cooperate to implement $50mln suitcase manufacturing project in West Qantara

East Port Said in Suez Canal Economic Zone. SCZone handout via Zawya Projects

Actual operation of the project is set to take place in the first quarter (Q1) of 2025

Staff Writer, Arab Finance

December 29, 2023

PHOTO
East Port Said in Suez Canal Economic Zone. SCZone handout via Zawya Projects

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with the Chinese suitcase manufacturer Henneway to implement a project to manufacture suitcases in West Qantara industrial zone with investments of up to $50 million, as per a statement.

The project will be executed on a 120,000-square-meter area and is targeting to provide 2,000 job opportunities.

Actual operation of the project is set to take place in the first quarter (Q1) of 2025.

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