Egypt’s General Authority for Investment and Free Zones (GAFI) held a roundtable meeting with the Hong Kong Trade Development Council (HKTDC) to explore opportunities for strengthening investment partnerships in the textile and ready-made garments sector. El-Gousky said Egypt’s textile and garment sector is among the country’s most competitive industries, supported by a well-established industrial base, accumulated expertise, a highly skilled workforce, and the availability of production inputs and qualified industrial infrastructure. El-Gousky also highlighted the strategic importance of the partnership between Egypt and Hong Kong, describing it as a key driver in reshaping global value chains in the textile industry. Meanwhile, Iris Wong, Director of External Relations at HKTDC, invited Egyptian companies to participate in the Council’s exhibitions and trade events, noting that HKTDC organises around 40 specialised events in the textile and garment sector. She revealed that Egyptian garment exports to the European Union and the United States increased by 97% and 46%, respectively, over the past five years.

Source: Daily News Egypt January 17, 2026 15:55 UTC