The Egyptian Commercial Service (ECS), in collaboration with the Egyptian Exporters Association (ExpoLink), organised an investment forum on May 13, 2025, to boost investment between Egypt and China, according to an official statement. The event featured a delegation from the China National Textile and Apparel Council (CNTAC). The initiative was part of the ongoing efforts by the ECS offices in Beijing and Shanghai to strengthen economic and investment ties between Egypt and China, the statement explained. The delegation, led by CNTAC's Marketing Director Zhang Tao, comprised 37 Chinese investors representing around 23 top textile and garment companies, according to the report. Alaa El-Baili, director of the Investment Promotion Department, emphasised the strength of the bilateral relationship and highlighted the significant opportunities offered by the Egyptian market. He highlighted Egypt's recent initiatives to improve the investment climate, such as international trade agreements for duty-free access to key markets, infrastructure enhancements for strategic ports, and legislative updates providing incentives for investors. ExpoLink, the General Authority for Investment, and other entities highlighted global supply chain challenges, as well as Egypt's competitive advantages — including its strategic location, skilled workforce, and premium raw materials such as Egyptian cotton. The visit by CNTAC marks its second to Egypt, following a successful first visit last year that resulted in new investments by several Chinese member companies totalling approximately $500 million. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
