Houston Community News >>
11/8/2009-- With cheap labor, investment
incentives and unrestricted exports, one Chinese textile group has
turned to Egypt as an ideal location to produce its ready-made garments,
beating stiff competition at home. The Chinese-owned Nile Textile Group
has set up shop in the Port Said free zone, overlooking the north
entrance of the Suez Canal, and developed an industrial estate now
hiring 600 workers, 20% of whom are Chinese and the rest Egyptian.
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