Suez Canal Economy Chair signs a company project "Hightx" Chinese for making decorative fabrics
Sign & nbsp; Walid Jamal Al -Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, today, the Hightx Co., Ltd. Hangzhou & quot; The Chinese, specialized in the manufacture of decorative fabrics and furnishings, to establish its project inside the Qantara area of West Industrial, on an area of 65 thousand square meters, next to a number of projects existing in the same activity, and the investment cost of the project is $ 17 million, equivalent to 851.7 million Egyptian pounds, with fully self -financing, and provides about 300 direct job opportunities, and aims to produce more than 20 million meters of fabrics annually, allocates all production For export by 100%, the contract was signed and Winnong Lu, Chairman of the Board of Directors of the company, in the presence of a number of leaders of the authority and representatives of the Chinese company.
& nbsp; And fabrics in a short period, in line with the authority’s vision in supporting the productive sectors and industrial integration directed to export, and explained that the integration of projects within the bridge is west, and the diversity of its activities between spinning, weaving, ready -made clothes and decorative fabric industries, contributes to building an integrated production chain of added value, enhances the ability to access global markets, and is devoted to the regional leadership of Egypt in this sector in which it has firm experiences And a long industrial heritage.
& nbsp; Between the Ports of the Commission on the Red Sea and the Mediterranean, its occurrence within a geographical scope that is full of population density and trained workers, gives it a strong competitive advantage in attracting intense operating industries, and enhances its contribution to supporting the national economy and increasing foreign exchange flows. It developed to become one of the most prominent decorative fabric suppliers in the local and international markets, and the company works in designing and manufacturing fabrics, furniture production, and hospitality sector services. The company also owns research and sales centers in the United States, and furniture manufacturers in Vietnam and China, which reflects the strength and spread of the group globally.
