In a move that underscores Egypt’s rising profile as a regional textile manufacturing hub, Minister of Investment and Foreign Trade Hassan El-Khatib attended the foundation stone-laying ceremony of KCG Textiles’ new spinning factory in 10th of Ramadan City, according to an official statement.
The new facility, developed by the Turkish-owned KCG Textiles, represents a significant expansion of the company’s long-term presence in Egypt. El-Khatib hailed the investment as a testament to growing foreign confidence in Egypt’s industrial potential and a key contributor to the government’s goal of increasing exports.
“These projects will create more job opportunities, provide high-quality products, and reinforce Egypt’s position as an industrial hub in the region,” said Minister El-Khatib.
Expansion, Exports, and Employment
The newly launched project includes a 15,000-square-meter expansion area and will host five major production lines, including:
- A polyester yarn production line
- A textile manufacturing line
- A dyeing unit, among others
KCG Textiles specializes in ready-made curtains and home furnishings, operating from spinning to final product, with its entire output exported to Europe, the U.S., and China.
Key figures:
- 📦 Annual exports: ~$65 million
- 💰 Total investment: ~$75 million
- 👷♂️ Jobs provided: ~1,600
- 🌍 Clients: Major global home textile brands
Vision for POY and Future Growth
El-Khatib confirmed the Ministry’s full support for KCG’s upcoming phase, which includes plans to establish a POY (Partially Oriented Yarn) production facility — a key step toward deepening local value chains and import substitution.
A Long-Term Commitment to Egypt
KCG Textiles has been operating in Egypt since 2007 under the Free Zone system, with its main site covering 220,000 square meters. The company’s expansion reflects Egypt’s strategic location, skilled workforce, and favorable investment climate, especially in the textiles and garments sector.
