EGYPT TEXTILE AND CLOTHING SECTOR FAILS TO EXPLOIT LATEST COTTON PRODUCTION STRENGTHS
February 8th, 2015
The Egyptian textile sector is a mixed bag, succeeding in certain sub-sectors and struggling in others, while failing to add value to its core strength in cotton production. It has managed to weather the ongoing political instability, but exports are weak due to lower demand from Europe, and the overall sector is straining to keep up with global competition. With Egypt lacking a diversified garment supply chain, with weaknesses in spinning and weaving, as well as dyeing and design, some firms, particularly woven textiles, are shifting horizontally.“The market ...
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