In his speech, Mr. Kassem pointed out that Egypt’s textile and garment industry has a good foundation and is in the forefront of Africa. The total number of employees in Egypt’s textile and clothing industry is 1.5 million. Textiles and tailoring accounted for 15% of Egypt’s non-oil and natural gas exports and contributed 3% to GDP. Egypt has comparatively rich advantages in cotton raw materials, extremely preferential trade policies and low production factor costs, which provide a good basis for further development of textile and garment industry. At the same time, Egypt has attracted the attention of many world textile and garment enterprises and listed Egypt as its strategic plan for Africa distribution. The Mingya Textile City Project is the first textile and apparel free zone in Egypt. Textile City is located in Upper Egypt, 225 km south of Cairo, with convenient logistics. The region has a large population of young people of suitable age, suitable for the development of labor-intensive industries. The Egyptian government plans to focus on the development of advanced textile cities in the upper Egyptian region, and to build the necessary infrastructure for the textile cities in order to realize the country’s “vision for the development of textile industry 2025”. With this vision, Mingya Textile City will become one of the important platforms for overseas textile and apparel enterprises to settle in Egypt.
Mr. Matal pointed out that based on the long-term good cooperative relationship between China and Egypt, the two sides have close high-level exchanges, frequent economic exchanges and huge potential for development. The advantages of Egypt are: The location advantage is obvious and the radiation market is extensive. Adequate labor force. Export to Europe and the United States enjoys preferential trade policies.
ASEAN is the largest overseas investment destination for China's textile and garment industry. In 2017, China’s textile and garment industry invested 655 million US dollars in ASEAN. Sembcorp which accounts for 49.5% of Temasek Holdings, has many high-quality industrial parks in ASEAN countries. Vice President Shen Huimin introduced to the delegates that Sembcorp has 14 industrial parks in China, Vietnam, Indonesia and India. Seven industrial parks in Vietnam are located in the southern, central and northern regions, which can meet different needs of investors. Faced with the complex and changeable international economic environment, China's textile and garment enterprises intend to layout ASEAN, and extend the industrial chain to avoid risks. With its good infrastructure, one-stop nanny service and brand influence, Sembcorp’s industrial parks has won the favor of many well-known enterprises. At present, some well-known Chinese textile and garment enterprises, such as Esquel Group and DDI Group, have entered their industrial parks in Vietnam.
The promotion seminar was strongly supported by Jiangsu Textile Industry Association, Shandong Textile and Apparel Association, Liaoning Textile & Garment Association, China Council for the Promotion of International Trade Shaoxing Committee and Huzhou Committee. Participating enterprises exchanged and discussed with the speakers on specific issues of concern, such as related costs, environmental requirements, labor and so on. As one of the related activities of the spring combined show sponsored by China National Textile and Apparel Council, the conference has attracted the attention of many key textile and apparel enterprises and exhibitors. In 2019, the uncertainties and complexity of the world economy have been further enhanced. The worrying features of the changing situation have made Chinese textile enterprises pay more and more attention to the layout of international production capacity, which has been fully confirmed by the scene full of seats and heated discussions.