The textile industry is one of the most important sources for foreign exchange in Egypt. The industry also accounts for 30% of local employment and represents 30% of Egypt's industrial production and 15% of its non petroleum exports. Egypt has a number of competitive advantages; a long tradition in textile, locally available raw materials, competitive labor and utility costs.
The textile industry is one of the most important sources for foreign exchange in Egypt. The industry also accounts for 30% of local employment and represents 30% of Egypt's industrial production and 15% of its non petroleum exports. Egypt has a number of competitive advantages; a long tradition in textile, locally available raw materials, competitive labor and utility costs.