Chinese textile enterprises overseas investment into Egypt or the preferred
Ancient Silk Road, an interchange of two ancient civilizations. Today, the topic of the textile and garment industry will once again link the two great country together.
In March this year, the Egyptian Investment and Free Zones General Assem Ragab Chairman of the team's visit to China, namely Guangdong and Zhejiang to visit China's textile powerhouse, is in addition planed to captivate China's textile enterprises to depart overseas, into Egypt.
Assem Ragab said Egypt has formed an initial group of three textile industry: in the Suez Canal city of Port Said (Port Said) and Ismailia (Ismailia) as the center, investment concentrated in the rough denim cotton yarn production and imports of rough Canal industrial group; in the Arab Borg (Borg Al-Arab) and (Amreya) and set up factories to the ports of Alexandria, Alexandria-based industrial group; and large areas of Cairo, the new industrial center. These are assigned to the Egyptian textile industry to provide attractive conditions.
Assem Ragab said, "Egypt's clothes men paid out an midpoint of 550 U.S. dollars per year; women, weighed against with more than 900 U.S. dollars. And with this family member is very constricted in the household goods produced capacity. As a effect of less than 1000 native plants, Egypt need many from Turkey and other deal yarn and fabric products. "It is comprehended that the amount of the market in Egypt in Africa and second only to South Africa, for high, average and small demand for textile yield have. This is for Chinese enterprises, if in trade or financial endeavour, are fabulous enterprise opportunities.
In inserting the hardware benefits of Egypt, Assem Ragab on the Road, "the Egyptian long-staple cotton fabric and ultra-long-staple cotton fabric in the percentage of the total international annual output of up to 35%. If you invest and set up manufacturers, power advantages. Egypt 0.3 yuan for each unit of electrical power , 3.5 yuan per cubic meter of natural gas, 93 is only 2.3 yuan per liter of gasoline. In supplement, human assets is furthermore very reduced, the mean monthly salary matching to about 600 RMB yuan, the commerce is furthermore very accomplished expertise workers. "
Remove the hardware benefits, Egypt furthermore has exceptional software. Assem ragab that, Egypt has its own exclusive mechanical capabilities, which will help Chinese enterprises to discover from each other. "Compared with other nations in the Middle East, Egypt has the most entire vertically integrated textile industry. From cotton fabric to yarn, fabric and apparel output, the whole output method can be accomplished at home. A entire 25% of the textile commerce to aim on textiles output, which accounted for 12% of textile goods, cotton fabric, 8%, while the residual 5 per hundred, contrasted with other cotton fabric fabrics and textiles. Most of rotating (50%), weaving (60%) and curling (60 %) of all of the capability of public enterprises, while 90% of garment output is a personal enterprise. "
Egypt to connect the Eurasian continent is entering Europe and America must pass through the Road is also the gateway to the world in Africa. Investment in Egypt to establish textile enterprises, means that access to the Egyptian domestic market, at the same time the face of the Middle East, Africa and the major U.S. and European markets. Chinese exports to the United States as an example, tariffs in China is about 30%, and Egypt all the duty-free and quota-free. In addition, Assem Ragab also committed the Government of Egypt's textile industry will further enhance the export subsidies, from 8% to 12% in order to help the growth of the textile industry. - 20759
In March this year, the Egyptian Investment and Free Zones General Assem Ragab Chairman of the team's visit to China, namely Guangdong and Zhejiang to visit China's textile powerhouse, is in addition planed to captivate China's textile enterprises to depart overseas, into Egypt.
Assem Ragab said Egypt has formed an initial group of three textile industry: in the Suez Canal city of Port Said (Port Said) and Ismailia (Ismailia) as the center, investment concentrated in the rough denim cotton yarn production and imports of rough Canal industrial group; in the Arab Borg (Borg Al-Arab) and (Amreya) and set up factories to the ports of Alexandria, Alexandria-based industrial group; and large areas of Cairo, the new industrial center. These are assigned to the Egyptian textile industry to provide attractive conditions.
Assem Ragab said, "Egypt's clothes men paid out an midpoint of 550 U.S. dollars per year; women, weighed against with more than 900 U.S. dollars. And with this family member is very constricted in the household goods produced capacity. As a effect of less than 1000 native plants, Egypt need many from Turkey and other deal yarn and fabric products. "It is comprehended that the amount of the market in Egypt in Africa and second only to South Africa, for high, average and small demand for textile yield have. This is for Chinese enterprises, if in trade or financial endeavour, are fabulous enterprise opportunities.
In inserting the hardware benefits of Egypt, Assem Ragab on the Road, "the Egyptian long-staple cotton fabric and ultra-long-staple cotton fabric in the percentage of the total international annual output of up to 35%. If you invest and set up manufacturers, power advantages. Egypt 0.3 yuan for each unit of electrical power , 3.5 yuan per cubic meter of natural gas, 93 is only 2.3 yuan per liter of gasoline. In supplement, human assets is furthermore very reduced, the mean monthly salary matching to about 600 RMB yuan, the commerce is furthermore very accomplished expertise workers. "
Remove the hardware benefits, Egypt furthermore has exceptional software. Assem ragab that, Egypt has its own exclusive mechanical capabilities, which will help Chinese enterprises to discover from each other. "Compared with other nations in the Middle East, Egypt has the most entire vertically integrated textile industry. From cotton fabric to yarn, fabric and apparel output, the whole output method can be accomplished at home. A entire 25% of the textile commerce to aim on textiles output, which accounted for 12% of textile goods, cotton fabric, 8%, while the residual 5 per hundred, contrasted with other cotton fabric fabrics and textiles. Most of rotating (50%), weaving (60%) and curling (60 %) of all of the capability of public enterprises, while 90% of garment output is a personal enterprise. "
Egypt to connect the Eurasian continent is entering Europe and America must pass through the Road is also the gateway to the world in Africa. Investment in Egypt to establish textile enterprises, means that access to the Egyptian domestic market, at the same time the face of the Middle East, Africa and the major U.S. and European markets. Chinese exports to the United States as an example, tariffs in China is about 30%, and Egypt all the duty-free and quota-free. In addition, Assem Ragab also committed the Government of Egypt's textile industry will further enhance the export subsidies, from 8% to 12% in order to help the growth of the textile industry. - 20759
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