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Country-Plan Projects and Tenders |
| 9596 Subject |
شركات كثيرة من أسيا وشرق أسيا لفتح مقار لها في مصر للانتفاع من اتفاقية الكويز Companies from India, Turkey & Taiwan submitting applications to invest in Egypt textile industry & other international trading companies rushing to open offices in Egypt to act on behalf of US textile & garments importers. |
| Date Published | Sunday, November 06, 2005 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
In an interview with Eng. Rashid Mohamed Rashid, Egypt Minister of Foreign Trade & Industry, published in the media, the official revealed that industrial companies from India, Turkey & Taiwan have submitted applications to invest in Egypt textile industry and that other international trading companies are rushing to open offices in Egypt to act on behalf of US textile & garments importers. He further disclosed that almost $ 52 million new [foreign] investments were so far pumped in the industry, particularly in Port Said, generating almost 5,770 new employment opportunities. The almost one page full interview is deemed a serious, transparent & interesting piece of market literature of interest to all businesses & parties concerned with Egypt industrial development in the next stage. |
| Sectors Section |
Beneficiary Sectors - Industry Textile - Economy Economy |
