Egypt’s garment industry generates around LE 300 billion annually, according to Mohamed Abdel Salam, head of the Chamber of Readymade Garments (RMG) Industry in the Federation of Industries, who recently said the domestic RMG industry is improving significantly, especially after the decline in imports as a result of a government policy decision.
The decision obligated importers to register with the General Organisation for Export and Import Control (GOEIC).Egypt's garment industry generates around LE 300 billion annually, according to Mohamed Abdel Salam, head of the Chamber of Readymade Garments (RMG) Industry in the Federation of Industries, who recently said the domestic RMG industry is improving significantly, especially after the decline in imports as a result of a government policy decision.#
On the sidelines of signing a protocol of cooperation between the Ready-Made Garments Chamber and Gahez Digital Marketing, Salam noted that this reflected positively on the national factories, which have started manufacturing high-quality men's and women's clothing and new designs.
Salam said Egypt now produces 80 per cent of the domestic market's RMG needs and imports the rest. Egypt's annual exports of garments is worth $1.5 billion.
Some 150 garment factories have qualified to raise production and boost exports, Salam added.
Fibre2Fashion News Desk (DS)
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