Egypt's West Qantara Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), has secured 48 industrial and logistics projects from foreign investors, totalling more than $1.325 billion, the zone's authority said on Thursday. The developments, spanning textiles, food processing, and logistics, are expected to generate around 70,000 direct jobs and occupy more than 3.26 million square metres, reflecting Cairo's push to expand the SCZONE as a regional manufacturing and export hub. Investors comprise 27 Chinese projects, 10 Turkish ventures, two from South Korea, and one each from Thailand, Germany, Pakistan, and Greece, alongside three Egyptian-Chinese joint ventures and one Egyptian-Turkish partnership. The projects underscore Egypt's efforts to attract foreign capital and leverage its strategic position linking Asia, Europe, and Africa, aiming to strengthen industrial output, employment, and export capacity. Attribution: Amwal Al Ghad English