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Egypt Association of Industry Development authorize to establish textile & fashion industry estate

Egypt Association of Industry Development authorize to establish textile & fashion industry estate

Write: Wylie [2011-05-20]

Egypt textile & fashion estate is authorized by IDA.

This textile & fashion industry estate will be established in Borgal-Arab, near to Alexander.

This industry estate will be the center for Egypt cotton, textile and fashion export. So far, Egypt have invested $ 0.12billion on this textile & fashion industry estate.

Egypt textile industry take charge of developing countrys economy , its export account for 25% of Egypt total export.

In Egypt, there are over 5000 textile factories which have invest 20billion pounds

Besides government s export promotion measures, Egypts home product ministry, foreign trade ministry and industry ministry are striving to develop national textile branch to meet the demand of importer from Europe and global.