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Eroglu Global Holding, a Turkish industrial conglomerate known for its operations in textiles, retail, real estate, and energy, has signed an agreement to establish a new packaging plant in Egypt’s Qantara West Industrial Zone.
The agreement was signed on Tuesday by Nurettin Eroglu, Chairman of the Turkish conglomerate, and Waleid Gamal El-Dien, Chairman of SCZONE.
The $175 million investment marks the company’s first foray into the packaging industry and its fourth industrial venture within the zone. According to the Suez Canal Economic Zone (SCZONE), the facility will cover 70,000 square meters and is expected to create 2,000 direct jobs.
The planned factory will manufacture Tetra Pak units, carton boxes, and carton sheets. Once operational, it aims to achieve a daily production capacity of 10 million sterile 1-liter cartons and 75,000 cardboard boxes, with an annual output of 400 metric tons of carton sheets. Half of the production will be allocated to exports, while the remainder will serve the Egyptian market.
SCZONE Chairman Gamal El-Dien emphasized the project’s role in enhancing the local industrial supply chain.
"The carton and packaging project contributes strategically to the industrial system in the Suez Canal Economic Zone by supporting supply chains for the food industries, enhancing integration with local production, and reducing reliance on imports," he stated.
Founded in 1983, Eroglu Global Holding has steadily expanded its presence in Egypt, with a particular focus on textiles and garment manufacturing.
The new packaging factory will be the company’s fourth project in the Qantara West Industrial Zone, following two textile-related facilities already in operation and one knitting factory currently under construction.
With this latest addition, Eroglu becomes the largest industrial investor in the zone. According to SCZONE, Qantara West now hosts 52 projects across a total area of 3,537,100 square meters, attracting cumulative investments of $1.531 billion and creating 72,665 direct jobs.
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