Of Our Clients has a Production Facility for cutting and sewing textile in
Egypt and looking for a partner ,
Facility in a Free-Zone Area
Competitive Advantages of the
Egyptian Economy and Production in Egypt:
Penetrate new markets :
By producing in
Egypt we offer preferential access not only to the Egyptian market (100
Million) but also to majority of the world markets including the EU, US ,
Africa, Arabic Countries, North African Countries , Latin American
Countries and Turkey by Bilateral agreements between Egypt and these
entities and countries as explained below,
the years Egypt has concluded agreements with several economic groupings,
the most prominent of which are:
European Union (the Egyptian-EU Partnership Agreement);
US (QIZ Agreement);
Middle East (the Arab Free Trade Agreement)
(COMESA)(20 Member countries)
(SADC)(15 Member Countries).
African Countries (Aghadeer Agreement).
Turkey Free-Trade Agreement.
preferential Free Trade Agreement (FTA)
with the Common Market of the South America (Mercosur),
Jump import barriers :
exports to Egypt are uncompetitive because of local customs duties and
other barriers to entry. foreign firms that choose to invest in local
facilities can benefit from trade barriers by gaining access to a domestic
market and lower import duty on raw materials.
production Costs :
has a very skilled and cheap (the cheapest in the regeion) labor force as
well as raw materials available at a fraction of the cost . This is a
notable advantage in the manufacture of products requiring high levels of
Our local knowledge :
we have been working in the private sector in Egypt for the last forty
years we would bring to the venture a wealth of expertise in dealing with
government banks and labor, and in developing the domestic market.
Access to official incentives :
incentives are frequently reserved for localy production firms as Egypt
offer low interest rate for loans for producers .
geographic location at the center of the world has placed it within reach
of international markets in European, Arab, African and south Asian
countries. With majority of vessels from the far east to Europe passing
within the Egyptian land thus have very busy sea ports by the Suez Canal.
ADVANCED BANKING SECTOR :
Egypt has a very
advanced Banking sector that is capable of fulfilling all the needs for
customers and it consists of commercial banks, which are local banks and
non-local banks. In addition, there are branches affiliated to these banks
which makes transfer of money easy and secure and quick.
economy is one of the most diversified in the region, with the industry
sector representing 32% of GDP; the services sector 54% and the agriculture
is the first Arab and African country to be invited by the Organization for
Economic Cooperation and Development to sign the Declaration on
International Investment and Multinational Enterprises. Meanwhile, foreign
direct investments multiplied 12 times in the period from 2001 to 2006 and
continued to rise until the end of 2010.