News

Send To Friend
Trade minister discusses future investments with US fashion maker PVH
19 September 2021  -  Organization :  -  Sector/Entity :  -  Category : Industry News

Other Titles

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.

 

Add new comment
Name*
Email
Comment body*
(0) Comment(s)