EGYPT’S VISION 2025 PLAN IS PROMOTING CLOTHING AND TEXTILE MANUFACTURING GROWTH – BUT NOT HITTING ITS AMBITIOUS TARGETS
March 1st, 2019
Egypt is moving ahead with its Vision 2025 strategy to quadruple garment and textile exports, employ a further 1 million people, and attract USD17.5 billion in investment, but the double-digit growth needed to achieve the goals have yet to be reached.
Launched in 2015 by the Ready Made Garment Export Council (RMGEC), a public-private partnership between the ministry of trade and industry and manufacturers, Vision 2025 has set a goal of Egypt’s clothing and textile sector earning USD10 billion from exports by 2025.
This would require 15% annual growth in ...
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