Egypt sees significant growth in textile-garment sector: Trade body
Egypt’s textile-garment sector is seeing significant growth, backed by global economic shifts, a favourable investment climate and a surge in FDI, Mohamed Abdel Salam, head of the Readymade Garments and Textiles Chamber at the Federation of Egyptian Industries said. Cost benefits in construction, power, water and VAT have led several global apparel players to initiate or expand operations in Egypt.
Egypt’s textile-garment sector is seeing significant growth, backed by global economic shifts, a favourable investment climate and a surge in FDI, Mohamed Abdel Salam, head of the Readymade Garments and Textiles Chamber at the Federation of Egyptian Industries said.
Cost benefits in construction, power, water and VAT have led several global apparel players to initiate or expand operations in Egypt.
