Egypt plans to develop its textile industry with the objective of becoming the next textile factory of the planet. More factories will be opened. Machinery will be renovated and workers will be trained. The vision is to quadruple exports of textiles and garments by 2025, have a million employees in the industry and attract investment worth 17.5 billion dollars.

Egypt is upgrading its upstream textile industry. The aim is to support the country’s private upstream manufacturers’ competitiveness in world markets. The restructuring program aims at restoring Egypt’s prominent position in the world market and capitalising on the globally renowned fine Egyptian cotton fiber. The program includes the modernisation of spinning, weaving, knitting, dyeing, finishing, printing and confection, based on a product line definition which brings forth added value to Egyptian cotton, from cotton farming to readymade goods with world class levels in terms of quality and efficiency. The total value of the program includes around 7,80,000 new spindles and 1,250 new looms, dyeing, printing and finishing machinery and state-of-the-art cutting and sewing equipment.

The investments will stimulate the dynamism for upgrading technology in the entire industry and ensure a continual increase in productivity as well as technical and management skills, to maximise value creation within the Egyptian textile value chain. It will affect Egypt’s vertical integration and competitiveness.