{"id":602432,"date":"2019-03-27T03:55:51","date_gmt":"2019-03-27T03:55:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/chinas-planned-textile-complex-could-spell-doom-for-egypts-local-industry\/"},"modified":"2019-03-27T03:55:51","modified_gmt":"2019-03-27T03:55:51","slug":"chinas-planned-textile-complex-could-spell-doom-for-egypts-local-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/chinas-planned-textile-complex-could-spell-doom-for-egypts-local-industry\/","title":{"rendered":"China\u2019s planned textile complex could spell doom for Egypt\u2019s local industry"},"content":{"rendered":"<p><b>Egypt is getting some flack in the US press this morning<\/b>, with the <a href=\"https:\/\/www.washingtonpost.com\/world\/2019\/03\/26\/its-completely-congress-human-rights-activists-urge-us-lawmakers-scrutinize-egypt\/?noredirect=on&utm_term=.7d57cec82709\">Washington Post<\/a> arguing that Congress should review the USD 1.3 bn aid it gives to Egypt \u2014 or at least use it as leverage to address human rights issues, a group of academics, policymakers and activists told a recent event in the US about the proposed constitutional amendments.<\/p>\n<p><b>China\u2019s planned textile complex could spell doom for Egypt\u2019s local industry:<\/b> The USD 2.1 bn textile industrial complex being developed by Chinese firm <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/17\/egypts-textiles-complex-50-complete\/\">Mankai Investment<\/a> in Sadat City may cripple Egypt\u2019s already-squeezed local textile industry, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/03\/egypt-textile-industry-china-city-local-market-economy.html\">Hagar Mohamed writes for Al Monitor<\/a>. The government could have capitalized on the company\u2019s interest in the sector to develop existing facilities with the \u201cdecades of experience\u201d under Mankai\u2019s belt \u2014 and help local firms build an international presence, the head of the Federation of Egyptian Industries\u2019 textiles division says. On the flipside, however, some say the Chinese complex will actually be a boon for Egypt\u2019s economy without harming local industry, since its output will be earmarked for export and therefore will not eat into the domestic market.<\/p>\n<p>Other stories worth a skim this morning:<\/p>\n<ul>\n<li><b>Egyptian hero earns Italian citizenship:<\/b> Italian deputy PM Matteo Salvini has approved granting citizenship toRamy Shehata, the Egyptian boy living in Italy who saved his school bus from a hijack attempt last week, <a href=\"https:\/\/www.bbc.com\/news\/world-europe-47710443\">reports The BBC.<\/a> <\/li>\n<li><b>Terrorism list updates:<\/b> The decision to put 145 people, including senior Muslim Brotherhood figures and supporters, on Egypt\u2019s \u201cterrorism list\u201d was upheld by a court on Tuesday, a judicial source revealed, according to <a href=\"http:\/\/www.arabnews.com\/node\/1472891\/middle-east\">AFP<\/a>. <\/li>\n<li><b>Forty years of peace:<\/b> The <a href=\"https:\/\/www.wsj.com\/articles\/40-years-of-peace-between-israel-and-egypt-11553555618?mod=searchresults&page=1&pos=2\">WSJ<\/a> looks back at the 40-year peace between Egypt and Israel.<\/li>\n<li><b>But is it really peace? <\/b>What we have is strategic cooperation, rather than a \u201cwarm peace\u201d consisting of vibrant relations between the two societies, <a href=\"http:\/\/en.rfi.fr\/middle-east\/20190326-fourty-years-after-camp-david-accords-me-peace-still-far-away\">RFI argues<\/a>.<\/li>\n<li><b>Putting an end to harassment:<\/b> Two young Egyptian men have launched Fyonka, a female driver and passenger only ride-hailing app designed to curb harassment, <a href=\"https:\/\/www.efe.com\/efe\/english\/life\/female-taxi-drivers-in-egypt-combat-sexual-harassment\/50000263-3935419?utm_source=wwwefecom&utm_medium=rss&utm_campaign=rss\">EFE<\/a> reports. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is getting some flack in the US press this morning, with the Washington Post arguing that Congress should review the USD 1.3 bn aid it gives to Egypt \u2014 or at least use it as leverage to address human rights issues, a group of academics, policymakers and activists told a recent event in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[2169,116,2386,72,7196,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602432","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-belt-and-road-initiative","tag-china","tag-egypt-in-the-news","tag-enterpriseam","tag-industry","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"4f372e65-9686-417d-a3aa-10242740a1f3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[602407],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The complex will be Egypt\u2019s largest textile project and will include 568 factories once it\u2019s\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599543,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/early-phase-of-egypts-usd-2-bn-textile-complex-in-sadat-to-launch-by-2019-end\/","url_meta":{"origin":602432,"position":1},"title":"Early phase of Egypt\u2019s USD 2 bn textile complex in Sadat to launch by 2019-end","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"The first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is set to be completed by year end, according to a Trade and Industry Ministry statement (pdf). Phase one, which is expected to house 100 factories, was initially due for completion by the end of\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610928,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/turkish-textile-firm-to-invest-usd-500-mn-in-new-egypt-factory\/","url_meta":{"origin":602432,"position":2},"title":"Turkish textile firm to invest USD 500 mn in new Egypt factory","author":"enterpriseam admin","date":"29 November 2023","format":false,"excerpt":"The factory could lower the country\u2019s import bill by USD 1 bn a year","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1592.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":682135,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/20\/hong-kongs-crystal-commits-usd-350-mn-in-one-of-the-largest-fdi-in-egypts-textile-sector\/","url_meta":{"origin":602432,"position":3},"title":"Hong Kong\u2019s Crystal commits USD 350 mn in one of the largest FDI in Egypt\u2019s textile sector","author":"enterpriseam admin","date":"20 January 2026","format":false,"excerpt":"The 800k sqm complex will handle everything from yarn spinning and weaving to dyeing","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/720.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":663638,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/13\/minya-fayoum-are-getting-new-textile-industrial-zones-that-could-bring-in-usd-3-bn-in-investment\/","url_meta":{"origin":602432,"position":4},"title":"Minya, Fayoum are getting new textile industrial zones that could bring in USD 3 bn in investment","author":"enterpriseam admin","date":"13 April 2025","format":false,"excerpt":"The textile zone in Minya will cost EGP 12 bn, while the one in Fayoum will cost EGP 15 bn","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/659.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634478,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/","url_meta":{"origin":602432,"position":5},"title":"Kabil announces plans for largest textile industries city in Egypt","author":"enterpriseam admin","date":"16 January 2018","format":false,"excerpt":"Gov\u2019t announces USD 2 bn textiles city: Trade and Industry Minister Tarek Kabil announced plans yesterday to establish Egypt\u2019s largest textile project on a 3.1 mn sqm area in Sadat City, Al Mal reports. 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