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:
new markets :
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:
The European Union (the Egyptian-EU Partnership
The US (QIZ Agreement);
The Middle East (the Arab Free Trade Agreement)
Africa (COMESA)(20 Member countries)
Arica (SADC)(15 Member Countries).
Arabic countires Agreement.
North African Countries (Aghadeer Agreement).
Egypt- Turkey Free-Trade Agreement.
preferential Free Trade Agreement (FTA) with the
Common Market of the South America (Mercosur),
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
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.
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.
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 sector 14%.
Egypt 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.