Egypt has approved a US$15 million investment by Karnak Textile for Ready-Made Garments to establish a new export-oriented factory in Sadat City’s CPC Industrial Complex, underscoring Cairo’s strategy of expanding labour-intensive manufacturing as global apparel supply chains continue to diversify beyond traditional Asian production centres. Approved under Egypt’s private free zone regime, the project reflects the government’s [...] The post Egypt Bets on Export-Led Manufacturing with $15m Garment Investment appeared first on The Middle East Observer .
