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Egypt best placed in MENA for apparel production

Egypt best placed in MENA for apparel production

Egypt appears best-placed of all Middle East and North Africa regions (MENA) when it comes to growing apparel production thanks to its large working-age population base, according to a new report from Fitch Solutions.

Overall the report suggests MENA will benefit from the trend of global supply chain diversification away from China, even despite somewhat higher labour costs than major Asian manufacturers, given geographic proximity and preferential trade access to the large European consumer market.

Source: just-style


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Last Update 2020-09-21
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