Home / Knowledge / News / Apparel/Garments / Chinese company sets up shop in Egypt to save costs
Chinese company sets up shop in Egypt to save costs
10
Nov '09
Finding Egypt as an ideal place for ready-made garment production with cheap labour rates, investment incentives and unrestricted exports, one of the Chinese textile groups has moved to Egypt to produce its ready-made garments to overcome stiff competition at home.

Chinese-owned Nile Textile Group has built an industrial estate in Egypt, which employs around 600 workers including 20 percent of Chinese origin, has proved to be a good deal for the company.

The company imports around 60 percent of its basic products without taxes and ships them out of Egypt, particularly to the US markets.

On account of low priced raw materials as well as favorable export conditions, the China-owned company penetrated the international markets with ease. Most of company products are now labeled as 'Made in Egypt' rather than 'Made in China'.

There are almost no restrictions for exports around the globe from Egyptian free zones, wherein around 950 Chinese companies have set up their operations with a total investment of about $300 million.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Textiles | On 27th Feb 2017

KBR bags LBED revamp contract for LG Chem's ethylene plant

KBR, Inc has bagged a technology licensing and basic engineering...

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search