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Egypt builds on its textile strength

Egypt has attracted the attention of many world textile and garment enterprises. The country’s textile and garment industry has a good foundation. The total number of employees in Egypt’s textile and clothing industry is 1.5 million. Textiles and tailoring account for 15 per cent of Egypt’s non-oil and natural gas exports and contribute three per cent to GDP. Egypt has comparatively rich advantages in cotton raw materials, extremely preferential trade policies and low production factor costs, which provide a good basis for further development of the textile and garment industry.

The Mingya Textile City Project is the first textile and apparel free zone in Egypt. The region has a large population of young people, suitable for the development of labor-intensive industries. The plan is to focus on the development of advanced textile cities in the upper Egyptian region, and to build the necessary infrastructure for textile cities. With this vision, Mingya Textile City will become one of the important platforms for overseas textile and apparel enterprises to settle in Egypt. The country offers a favorable investment policy and environment for overseas textile and apparel enterprises. In addition Egypt’s exports to Europe and the United States enjoy preferential benefits.

 
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