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Egypt and China’s Cloud Chain plot $2bn ‘carbon-neutral’ textile city
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Egypt and China’s Cloud Chain plot $2bn ‘carbon-neutral’ textile city

Yahoo Finance · Jun 1, 2026, 10:46 AM

Key takeaways

  • Egypt and China’s Cloud Chain plot $2bn ‘carbon-neutral’ textile city.
  • Cloud Chain presented the master plan for the project, which spans a total of 4.5 million m2 and would be developed in two phases, each taking 24 months.
  • The first phase would use 2 million m2 and feature fully integrated, eco-friendly industrial and service facilities.

Egypt and China’s Cloud Chain plot $2bn ‘carbon-neutral’ textile city. Officials from Egypt's Ministry of Investment and Foreign Trade meet with China's Cloud Chain delegation. Credit: Egyptian State Information Service (SIS). · Just Style · Egyptian State Information Service (SIS). Jangoulun Singsit Mon, June 1, 2026 at 5:46 PM GMT+7 2 min read. The meeting in Egypt included Cloud Chain’s CEO, Huang Wei, chief financial officer, Xian Chun, and officials from marketing and external relations. The group addressed steps toward what Cloud Chain described as the "Middle East and North Africa’s first integrated, carbon-neutral textile industrial city".

Cloud Chain presented the master plan for the project, which spans a total of 4.5 million m2 and would be developed in two phases, each taking 24 months.

The first phase would use 2 million m2 and feature fully integrated, eco-friendly industrial and service facilities. The company said this initial phase would include 30 to 50 textile firms as well as technical and vocational schools, logistics and commercial infrastructure.

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