GIZA – A consolidated effort from both Egypt’s Ministry of Trade and Industry and the Swiss Confederation will look to revitalise the country’s textile industry infrastructure, boost exports and create new jobs.
Egypt: Improving the International Competitiveness of the Textile and Clothing Sector, forms part of the Global Textiles and Clothing (GTEX) programme, a three-year project funded by the Swiss State Secretariat for Economic Affairs (SECO) and overseen by the International Trade Centre (ITC) and Egyptian Textiles, Apparel & Home Textiles (TA&HT) Export Council.
Magdy Tolba, chairman of the Export Council commented: “Egypt has untapped potential in our traditional US market while we also want to expand our presence in Europe, in the countries of the Commonwealth of Independent States and in Africa.”
