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Turkish textile industry shifts focus to Egypt

“In textiles, almost everyone is heading to Egypt, examining opportunities, and making investment decisions.

Despite fluctuations in imports, the growth in domestic sales highlights the resilience of Egypt’s automotive market amid economic challenges.

The plan targets developing new factories and expanding existing ones, where the investor will bear only 15% of the interest rate.

Robbiki Leather City, a national leather industry development project, sprawling across 500 feddans, is being executed in three phases.

The second phase is scheduled to be completed by mid-2025, with the entire project anticipated to conclude by early 2026, the prime minister said.

Industry Events

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