Interloop Invests $35.2M in Egypt for Garment Facility

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Browse free from up to 5 devices at once

- Gain full access to our premium content

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!
– Access The Media Pack Now!
– Book a Conference Call
Leave Message for us to Get Back

Related stories

Shein to Acquire Everlane in Deal Valued Around $100m

Shein is said to be closing in on a...

Vietnam Exporters Align with EU Sustainability Measures

Vietnam’s textile and footwear sector is entering a new...

Textiles Recycling Awards Finalists Announced Ahead of Inaugural Ceremony at Textiles Recycling Expo

The organisers of the Textiles Recycling Expo are delighted to announce the finalists for the...
AI Summary

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 company’s operational capabilities.

This investment comes via a subsidiary of Interloop’s affiliate company. The new facility, described as “multi-origin” and “tech-enabled,” 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 Interloop’s ability to supply products to its global customer base with shorter lead times and more competitive pricing. Additionally, Egypt’s 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 Egypt’s 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 world’s busiest trade routes, making it an ideal location for international manufacturing.

Interloop’s CEO, Navid Fazil, remarked, “This 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.”

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.

Never miss a textile headline

The textile industry moves fast – stay on top of it with our must-read briefings.

  • The top textile stories, straight to your inbox
  • The biggest news, features, interviews, and analysis
  • Dedicated coverage of the key developments driving global textile trade

Latest stories

Related stories

Shein to Acquire Everlane in Deal Valued Around $100m

Shein is said to be closing in on a...

Vietnam Exporters Align with EU Sustainability Measures

Vietnam’s textile and footwear sector is entering a new...

Textiles Recycling Awards Finalists Announced Ahead of Inaugural Ceremony at Textiles Recycling Expo

The organisers of the Textiles Recycling Expo are delighted to announce the finalists for the...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access The Media Pack Now!
– Book a Conference Call
Leave Message for us to Get Back