The Egyptian Home Textile Industry
   

Egypt is considered one of the most significant and leading countries in the weaving textile industries. By representing 25 % of the country’s exports and engaging about 39 % of Egypt’s manpower, the textile industry operates more than 4000 textile plants – the plants structure in Egypt varies between private ownership sector, public sector & investment sector.

Not until the eve of the 19th century, that Egypt’s rules started encouraging the textile industry. Before that time Egypt was mainly considered premium agricultural country.

The industrial revolution in Europe not only affected Egypt’s industry but was also one of the main foundations that built an industrial base in Egypt- withholding all industrial sectors including the textile and home furnishing industries.

In the 1920;s the national bank of Egypt “ Banque Misr “ under the leadership of the entrepreneur Talaat Harb, made a huge step towards the international industrial development rules by facilitating the conditions for traders and manufacturer plants.

The Egyptian Industry started prospering and became a kind of national slogan under the motto " the Egyptian for the Egyptian ".

In 1952, Egypt has witnessed the biggest revolution in its history changing it into a democratic republic and thus changing all political, social and industrial structures. This period was followed by a dark period until the economic globalization in 1973 .

This was the beginning of a new era of industrial developments. " Made in Egypt " became a challenging target to every Egyptian and a big flush of industrial national progress suddenly started in every sector. The governmental reform was a logical consequence for this kind of development. And due to the increasing interest and investment attractions in Egypt, the government started granting privileges in all industrial sectors allowing more improvement and development.

 

In the 21st Century Egypt's industry has reached an outstanding position in the world. By allowing mutual merges and cooperation between governmental industrial sectors, the local industrial sectors and the foreign industries, Egypt is now considered an inevitable industrial international partner to most of the countries in the world.

The new role Egypt plays in the industrial world, forces distinctive changes, modernizations and a clear target to maximize Egyptian exports to comply to the international markets.

Today one of the main income sources in Egypt's economy revolves from the industrial sector making it one of the most important sectors because of the following :

    • Almost 6.5 % of the foreign investments are directed to the industrial sector
    • A total of approx U.S 8 Billion is only directed to the textile industry
    • The textile industry in Egypt represents 16.3 %  of the GNP
    • The textile exports represent 25 % of the Egyptian total turn over
    • The weaving and textile industry represented 24.5 % out of the total exports turnover ( Petroleum exports not included ) in 2003.
    • The textile industry sector involves 4,491 Companies employing 30 % of Egypt's Manpower