Pakistan’s Interloop to Invest $35 Million in Egypt’s Suez Canal Economic Zone for New Hosiery Plant

Pakistani textile giant Interloop is making a strategic $35 million investment to set up a hosiery manufacturing plant in Egypt’s Suez Canal Economic Zone. This expansion is designed to optimize the company’s global supply chain by cutting shipping times by approximately 20 days and lowering production costs by 10%.

The decision to establish operations in Egypt reflects Interloop’s broader efforts to enhance manufacturing efficiency and strengthen its presence in key international markets. The Suez Canal Economic Zone offers proximity to Europe and North America, faster access to major ports, and favorable trade agreements, making it a strategic location for textile exporters.

This move not only positions Interloop to meet rising global demand more effectively but also supports Egypt’s goal of attracting foreign direct investment in its industrial zones. The facility will contribute to local job creation and increase Pakistan’s footprint in global textile production through smart, regionally diversified manufacturing.