The Egyptian government is developing and supporting textile sector by planting and selling more Egyptian cotton. Aiming to restore the status of Egyptian Cotton globally, the government recently allocated LE 21 billion to maximise the added value of the Egyptian cotton, explaining that this plan is supervised by international consultant Warner, who prepared a comprehensive study aimed at developing this sector.
In the same context, the Central Agency for Public Mobilization and Statistic (CAPMAS) had announced in February 2019 that exports of Egyptian cotton during the period between September and November 2018 had reached 128.300 metric quintals compared to the same period of 2017, representing around 45.1 percent increase.
