Chinese textile enterprises overseas buying into into Egypt or the favoured
Ancient Silk Road, an interchange of two very vintage civilizations. Today, the theme of the textile and garment commerce will one time afresh connection the two large homeland 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 apparel men expended an mean of 550 U.S. dollars per year; women, contrasted with more than 900 U.S. dollars. And with this relation is very restricted household output capacity. As a outcome of less than 1000 native plants, Egypt need many from Turkey and other trade yarn and fabric products. "It is appreciated that the dimensions of the market in Egypt in Africa and second only to South Africa, for high, intermediate and reduced demand for textile goods have. This is for Chinese enterprises, if in trade or buying into, are marvellous enterprise opportunities.
In ushering in the hardware superiority of Egypt, Assem Ragab on the Road, "the Egyptian long-staple cotton material and ultra-long-staple cotton material in the fraction of the total worldwide annual goods produced of up to 35%. If you invest and set up production plants, vitality 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 augmentation, human supplies is in addition very small, the midpoint monthly pay same to about 600 RMB yuan, the development is in addition very talented technical knowledge workers. "
Remove the hardware advantages, Egypt also has special software. Assem ragab that, Egypt has its own unique technical capabilities, which will help Chinese enterprises to learn from each other. "Compared with other countries in the Middle East, Egypt has the most complete vertically integrated textile industry. From cotton to yarn, fabric and clothing production, the entire production process can be completed at home. A whole 25% of the textile industry to focus on textiles production, which accounted for 12% of textile products, cotton, 8%, while the remaining 5 percent, compared with other cotton fabrics and textiles. Most of spinning (50%), weaving (60%) and curling (60 %) of all of the capacity of public enterprises, while 90% of garment production is a private enterprise. "
Egypt to bind the Eurasian places is moving into Europe and America ought go beyond through the Road is in addition the opening to the world in Africa. Investment in Egypt to initiate textile enterprises, means that entry to to the Egyptian in the household market, at the matching time the face of the Middle East, Africa and the greatest U.S. and European markets. Chinese trade overseas to the United States as an instance, tariffs in China is about 30%, and Egypt all the duty-free and quota-free. In augmentation, Assem Ragab in addition dedicated the Government of Egypt's textile development will farther enhance the trade overseas extra funds, from 8% to 12% in rank to help the expansion of the textile industry. - 18780
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 apparel men expended an mean of 550 U.S. dollars per year; women, contrasted with more than 900 U.S. dollars. And with this relation is very restricted household output capacity. As a outcome of less than 1000 native plants, Egypt need many from Turkey and other trade yarn and fabric products. "It is appreciated that the dimensions of the market in Egypt in Africa and second only to South Africa, for high, intermediate and reduced demand for textile goods have. This is for Chinese enterprises, if in trade or buying into, are marvellous enterprise opportunities.
In ushering in the hardware superiority of Egypt, Assem Ragab on the Road, "the Egyptian long-staple cotton material and ultra-long-staple cotton material in the fraction of the total worldwide annual goods produced of up to 35%. If you invest and set up production plants, vitality 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 augmentation, human supplies is in addition very small, the midpoint monthly pay same to about 600 RMB yuan, the development is in addition very talented technical knowledge workers. "
Remove the hardware advantages, Egypt also has special software. Assem ragab that, Egypt has its own unique technical capabilities, which will help Chinese enterprises to learn from each other. "Compared with other countries in the Middle East, Egypt has the most complete vertically integrated textile industry. From cotton to yarn, fabric and clothing production, the entire production process can be completed at home. A whole 25% of the textile industry to focus on textiles production, which accounted for 12% of textile products, cotton, 8%, while the remaining 5 percent, compared with other cotton fabrics and textiles. Most of spinning (50%), weaving (60%) and curling (60 %) of all of the capacity of public enterprises, while 90% of garment production is a private enterprise. "
Egypt to bind the Eurasian places is moving into Europe and America ought go beyond through the Road is in addition the opening to the world in Africa. Investment in Egypt to initiate textile enterprises, means that entry to to the Egyptian in the household market, at the matching time the face of the Middle East, Africa and the greatest U.S. and European markets. Chinese trade overseas to the United States as an instance, tariffs in China is about 30%, and Egypt all the duty-free and quota-free. In augmentation, Assem Ragab in addition dedicated the Government of Egypt's textile development will farther enhance the trade overseas extra funds, from 8% to 12% in rank to help the expansion of the textile industry. - 18780
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