Egypt: China’s Xinxing Signs $47m in Export Deals From Egypt Plant As Operations Begin

Chinese company, Xinxing signed on Wednesday 14/5/2025 $47 million worth of four new export contracts from its newly operational plant in Egypt’s Suez Canal Economic Zone (SCZONE), marking a key milestone in the country’s industrial localization drive.

The agreements cover ductile iron pipe shipments to infrastructure projects in Kuwait, Iraq, Tunisia, and Jordan. They follow a separate $39 million contract signed a day earlier for a project in Saudi Arabia, bringing Xinxing’s total confirmed…