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HomeNews & ViewsBusiness FocusBy 2025, Egypt’s goal is to double textile and garment exports

By 2025, Egypt’s goal is to double textile and garment exports

egyptDuring the first nine months of 2021, Egypt’s textile exports climbed by 28%. Fabric exports increased by 17%. The progressive loosening of regulations, as well as rising immunization rates throughout the world, drove more exports. Egypt seeks to improve its trading ties with Africa. It plans to do so by participating in international shows in Africa and establishing an Egyptian-African free trade zone. Kenya, Zambia, and the Ivory Coast are the primary nations that Egypt is interested in.

Egypt intends to grow its textile sector in order to become the world’s next textile manufacturer. Workers will be trained and machinery will be refurbished. By 2025, the goal is to double textile and garment exports. The goal is to boost Egypt’s private sector upstream manufacturers’ global competitiveness. The restructuring plan intends to reestablish Egypt’s dominance in the worldwide market by using the world-renowned excellent Egyptian cotton fiber. The modernization of spinning, weaving, knitting, dyeing, finishing, printing, and confection is part of the program, which is based on a product line definition that adds value to Egyptian cotton from cotton cultivation to prepared items with world-class quality and efficiency.

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