Sector Background:
The textile industry is one of the most important sources for foreign exchange in Egypt. The industry also accounts for 30% of local employment and represents 30% of Egypt's industrial production and 15% of its non petroleum exports. Egypt has a number of competitive advantages; a long tradition in textile, locally available raw materials, competitive labor and utility costs.
IMC supports the textile industry through carrying the following activities and services to develop them and increase their competitiveness in the international markets.
2008 Data:
Total companies registered at IMC are 1335, with total employment of 195 thousand employees
Total investment of these companies is 16 billion EGP with a growth rate of 137 %
Value of exports reached 2.45 billion USD in year 2008 with a growth rate of 18.2 %
The main markets for the sector were Arab countries with a growth rate of 38% in year 2008, EU with 15 % and USA with 0.38 %
Sectoral Projects 2009:
Penetration of new markets through organizing trade missions, match making, show case & in-bound missions.
Assessing the export readiness of home textiles exporting and potential companies (Export Audits) and improving their export capabilities.
Organize workshops in product development and design and export requirements to niche markets
Promoting the vertical integration of the industry sub-sectors through developing an improved model to enhance the value supply chain
Upgrading the technical capabilities of industrial clusters such as:
• Weaving cluster, and ready made garments cluster to improve the productivity and competitiveness of the companies to international standards
• Dye-house upgrading cluster to deploy international best practice in energy efficiency and waste management
Implementing the recommended studies as per the Textile Development Strategy 2020
Main Services to Textile Companies 2009:
Productivity, quality improvement & waste reduction to reduce cost using production optimization, lean manufacturing, total productive maintenance and six sigma techniques
Increasing the efficiency: through planning, cost management , cash flow management,organizational re- structure & supply chain management activities using resource management software's; ERP
Market survey for target /new markets using international experts, match-making activities & participation in international trade fairs & developing marketing and export functions
Value added activities such as branding, Product design and development & use of CAD/ CAM software
Technology transfer using international experts to produce new value added & hi tech products
Adherence to environmental standards and use of cleaner production techniques & utilization of advanced technologies such as nano –technology & biological processes for waste treatment in dyeing & finishing
Training for supervisors & middle management and implementing human resources management systems
Deploy quality concepts and systems & conformance to buyers standards & certification such as Oeko Tex 100, WRAP, GOTS
Social compliance audits / certificates such as SA 8000 and Fair Trade certificates & buyers codes of conduct and other CSR services
Facilitating access to finance services; Nilex , credit guarantee fund, export guarantee fund, private equity fund, factoring & production equipment grant scheme and new energy savings equipment grant
