A high-level Chinese business delegation representing 25 leading textile and garment companies visited Egypt this week to explore partnership and investment opportunities in the country’s revitalized textile industry.
Led by Zhang Tao, Deputy Marketing Director of the China National Textile and Apparel Council (CNTAC), and Xu Yingxin, Vice President of the China Textile Association, the 37-member delegation met with Minister of Public Business Sector Mohamed Shimy at the headquarters of the Cotton, Spinning, Weaving, and Garments Holding Company.
Minister Shimy emphasized Egypt’s readiness to facilitate partnerships that advance mutual interests. He outlined the government’s national strategy to restore Egypt’s global leadership in textiles, including the modernization of 10 state-owned companies through technological upgrades, financial reform, and market expansion.
“This is not just about reviving an industry — it’s about building a future-ready, export-oriented manufacturing base,” Shimy stated, pointing to Egypt’s strategic location, high-quality Egyptian cotton, and extensive trade agreements as key investment advantages.
The Chinese delegation was presented with a product portfolio including yarns, fabrics, garments, home textiles, and medical textiles, as well as updates on Egypt’s infrastructure projects, such as seven major manufacturing complexes and modernized ginning facilities. A significant share of output is aimed at export markets to bolster foreign currency reserves.
The visit also supports Egypt’s broader goal of deepening economic ties with China under a strategic partnership framework. In December 2024, Prime Minister Mostafa Madbouly announced that Egypt’s textile modernization program—costing over EGP 56 billion—has completed its first phase, with EGP 22 billion directed to infrastructure and EGP 640 million to advanced machinery.
The Ministry is also rolling out a nationwide retail network to promote locally made textile products, managed by ECH, the marketing arm of the holding company.
This visit underscores growing Chinese interest in Egypt as a competitive, future-focused hub for textile manufacturing and export.
