Sustainable apparel manufacturer Interloop has announced a significant investment of $35.2 million to establish a fully export-oriented garment production facility in Egypt. This Interloop investment in Egypt garment facility is a strategic move to enhance the companyâs operational capabilities.
This investment comes via a subsidiary of Interloopâs affiliate company. The new facility, described as âmulti-originâ and âtech-enabled,â will cover 60,000 square meters and be located in the Al-Qantara West Industrial Zone within the Suez Canal Economic Zone (SCZONE).
Interloop projects that the manufacturing plant will create over 1,000 direct jobs, boosting local employment. Its strategic location will provide streamlined access to critical markets in the United States, Europe, the Middle East, and Africa, further strengthening the impact of the Interloop investment in Egypt garment facility.
This development enhances Interloopâs ability to supply products to its global customer base with shorter lead times and more competitive pricing. Additionally, Egyptâs trade agreements with the US and the EU, along with regional partnerships, are expected to facilitate nearshoring opportunities and enable Interloop to diversify sourcing strategies for its partners, according to the company.
The agreement to establish the new facility was signed at the SCZONE headquarters in Egyptâs new administrative capital by Walid Gamal El-Din, Chairman of SCZONE, and Syed Fasihuddin Biyabani representing Interloop.
The SCZONE serves as an industrial and logistics hub strategically positioned along one of the worldâs busiest trade routes, making it an ideal location for international manufacturing.
Interloop’s CEO, Navid Fazil, remarked, âThis Egypt investment is a strategic next step in building a multi-origin, tech-enabled hub for our customers. SCZONE gives us near-market access to the US and Europe, competitive operating economics, and an ecosystem that strengthens supply chain resilience. We will embed the same transparent, sustainable manufacturing playbook that defines our operations globally.â
With this new initiative in Egypt, Interloop extends its global footprint, building on its existing manufacturing networks in Pakistan, China, and Sri Lanka, as well as sales offices throughout North America, Europe, and Japan. The Interloop investment in Egypt garment facility marks a vital step in the company’s commitment to sustainable and efficient manufacturing practices on a global scale.