Interloop has announced a USD 35.2 million investment by a subsidiary of its Associate Company to establish a new ready-made garments facility in Egypt’s Suez Canal Economic Zone (SCZONE). The 60,000 m² plant, located in Al-Qantara West Industrial Zone, will be fully export-oriented and is expected to create over 1,000 direct jobs.
Located on the Suez Canal, the facility provides Interloop with direct access to key markets in the U.S., Europe, the Middle East and Africa, strengthening the company’s ability to serve global customers with shorter lead times and competitive costs. Egypt’s trade agreements with the U.S., EU and regional blocs further support nearshoring and diversified sourcing strategies for Interloop’s partners.
“This Egypt investment is a strategic next step in building a multi-origin, tech-enabled hub for our customers,” said Navid Fazil, CEO of Interloop Limited. “SCZONE gives us near-market access to U.S. and Europe, competitive operating economics and an ecosystem that strengthens supply chain resilience.”
With this project, Interloop’s manufacturing network now extends across Pakistan, China, Sri Lanka and Egypt, supported by sales offices in North America, Europe and Japan.
Interloop Limited
1 KM, Khurrianwala-Jaranwala Road,
Khurrianwala, Faisalabad, Pakistan
Phone: +92 41 4360400
Fax: +92 41 2428704
Interloop Limited
Al – Sadiq Plaza, P – 157,
Railway Road, Faisalabad, Pakistan
Phone: +92 – 41 – 2619724
Fax: +92 – 41 – 2639400
© 2022 Interloop Limited | last updated: 24 april 2022