Home / All / Garment & fashion / Swedish and Swiss funds Egypt’s sportswear makers
EGYPT AIMS TO BE TEXTILE INDUSTRY HUB BY 2025: MINISTRY OF THE PUBLIC BUSINESS SECTOR

Swedish and Swiss funds Egypt’s sportswear makers

Sportswear manufacturing is one of the focuses of an International Trade Centre-led project in Egypt, which will create jobs and increase exports.

The clothing sector is Egypt’s second largest after agriculture. It comprises around 4,000 companies, of which 500-600 export overseas, according to ITC.

However, sportswear was found to be underrepresented and 28 companies will now be supported by the project, which is funded by the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation and the Swedish International Development Cooperation Agency (Sida).

Advertisement

Cherine Khallaf, from the Egyptian Ministry of Trade & Industry, said: “Egypt can improve its export potential to the US market while also expanding our presence in Europe and other Arab and African countries.”

 

———————————-

+ Middle East Textile Journal

Send us article and press release to: info@kohanjournal.com

Join 80.000 Middle East and North Africa Textile Professionals who get Kohan Textile Journal’s FREE Newsletter…

Registration

Leave a Reply

Your email address will not be published. Required fields are marked *