factories rely on 30 of local fabrics
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Official in FEI stresses

Factories rely on 30% of local fabrics

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Factories rely on 30% of local fabrics

Mohamed Abdel Salam
Cairo - Siham Ahmed

Mohamed Abdel Salam, head of the ready-made clothing chamber in Federation of Egyptian Industries (FEI), revealed that the volume of local production of ready-made garments currently in the market reached 80%, pointing out that the proportion of imported clothing fell to 20%, which accounted for 60% of the volume of products in the market during the past year.

 

Abdel Salam said that ready-made garments' factories are spread throughout Egypt, Port Said, Alexandria, Dakahlia, Obour, Giza, October, Fayoum, Beni Suef, Qalyubia, Ismailia, Kafr El Dawar and Borg El Arab.

He stressed that the sector does not have real problems, and our problems are similar to the problems of the other industrial sectors affected by some of the decisions issued without prior study, in addition to the procedural problems of renewal of licenses and industrial register and customs, and the reason of which everyone knows, namely bureaucracy, government corruption and beyond.

 

Abdel Salam pointed out that floating the Egyptian pound dicision contributed in increasing the export capacity of the sector to reach 50%, while the imports of ready-made garments declined to 70%, which is reflected positively on the local clothing industry,

 

"Local ready-made garments are expected to account for nearly 80% of the Egyptian market early next year," he added.

 

Abdel Salam said that he agreed with Minister of Industry and the Industrial Modernization Center to start the work of trademarks of 30 companies that do not have trademarks working in the field of ready-made garments to help them export. Some foreign experts will be used to hold training courses for members on production management and planning. He stressed that the sector was affected by recent increases in electricity and energy.

He pointed out that Europe and America re the most prominent markets for the Egyptian product, because it is a market containing 800 million people, adding that Egypt's exports in these markets are estimated at 96%, and the Gulf is very low, while the volume of exports during the first quarter about $ 2.6 billion .

Abdel Salam pointed out that the factories of ready-made garments rely on 30% of the fabrics produced locally in the garment industry only exported, and the remaining 70% are imported, because of the fierce competition facing ready-made garments in different markets based on price and quality.

almaghribtoday
almaghribtoday

GMT 18:34 2017 Wednesday ,27 December

Shaath reveals opening date of Metro third line

GMT 14:54 2017 Saturday ,23 December

Brazil to maintain control over Embraer

GMT 13:32 2017 Tuesday ,12 December

Senate tax plan would boost revenue $1.8 tn

GMT 13:52 2017 Monday ,27 November

Brexit without EU trade deal 'not end of world'

GMT 18:44 2017 Tuesday ,21 November

Nader Mohamed underlines World Bank's support

GMT 12:46 2017 Wednesday ,08 November

Al Walwel says Palestinian people able

GMT 18:48 2017 Monday ,06 November

UK queen's offshore investments

GMT 14:53 2017 Thursday ,02 November

Hong Kong skyscraper sold for record $5.15 bn
Almaghrib Today, almaghrib today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

factories rely on 30 of local fabrics factories rely on 30 of local fabrics

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

factories rely on 30 of local fabrics factories rely on 30 of local fabrics

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 10:43 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 18:00 2018 Wednesday ,29 August

U.N. schools open in West Bank, Gaza

GMT 18:33 2018 Tuesday ,23 January

France says it fell short on greenhouse gas emissions

GMT 17:11 2011 Tuesday ,02 August

S&P downgrades Nokia, citing dim outlook

GMT 13:24 2015 Sunday ,22 November

Qatar seeks to appeal deadly mall blaze acquittals

GMT 20:47 2017 Wednesday ,01 February

One ingredient five ways: Prunes

GMT 21:45 2017 Tuesday ,31 October

December 21 - January 18

GMT 18:40 2017 Tuesday ,26 December

Turkish Foreign Minister Affirms his Country's Concern

GMT 00:14 2017 Wednesday ,16 August

Enas Al Deghidy promoted gender equality in her works

GMT 19:06 2015 Friday ,13 November

'Star Wars'a game-changer in special effects

GMT 22:37 2017 Saturday ,25 February

White House bars critical media outlets

GMT 22:08 2017 Saturday ,30 September

June 21 - July 21

GMT 12:08 2016 Monday ,14 November

Greek islanders pay homage to 'lovely Leonardos'

GMT 07:26 2017 Wednesday ,15 November

Mazen hails of commemoration

GMT 20:32 2016 Thursday ,05 May

Wave of dead sea creatures hits Chile's beaches

GMT 00:21 2017 Thursday ,16 February

Adult swaddling therapy fad hits Tokyo

GMT 10:01 2017 Sunday ,12 November

Hollywood takes break from scandal
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday