The company is seeking to partner with local ready-made
garment factories in the governorates of Alexandria and Minya.
Cairo- Sep 19, 2021
Minister of Trade and Industry Nevine Gamea has met with Cennydd
Williams, the vice president of US fashion maker PVH for Africa and Middle East,
to discuss the company's plans to pump new investments in the Egyptian market.
The company is seeking to partner with local ready-made
garment factories in the governorates of Alexandria and Minya.
“Egypt has the potential to be a hub for manufacturing and
exporting ready-made clothes, especially with its favorable investment
environment, trained labor and qualified industrial zones in all governorates,”
Gamea said.
The ministry, she added, adopts an ambitious plan to increase
Egyptian exports to the US market within the Qualified Industrial Zones (QIZ)
Agreement, stressing its keenness to support foreign companies operating and
wishing to invest in Egypt.
Dating back to 1881, PVH is one of the world’s largest and most
admired fashion companies and second largest in the United States connecting
with consumers in over 40 countries. Its global iconic brands include Calvin
Klein and TOMMY HILFIGER, with an annual sales volume of $10 billion.