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Canadian firms explore investment opportunities in Egypt

12
Nov '19
Pic: Shutterstock
Pic: Shutterstock
Egyptian industry minister Amr Nassar and immigration minister Nabila Makram recently held extensive discussions with a delegation of five Canadian firms to discuss investment opportunities in the country. The meeting was held on the sidelines of the 4th edition of Destination Africa 2019 textile and garment exhibition in Cairo from November 9 to 11.

A hundred and fifty companies and 230 international buyers from the United States and the European Union participated in the exhibition, according to a report in an Egyptian newspaper.

The Canadian delegation reviewed investment opportunities in Egypt in the textiles and apparel sector and the possibility of establishing joint projects to meet domestic demand and export to regional and African markets.

The event was organised by the Textiles, Apparel, and Home Textiles Export Council in cooperation with the Egyptian Exporters Association (Expolink).

Fibre2Fashion News Desk (DS)


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