In barely ** months, the number of Turkish-owned textile plants on Egyptian soil has doubled to more than ***, representing over $* billion in foreign direct investment and roughly **,*** Egyptian pay-packets.
Flagship names lead this charge. Eroglu Holding broke ground on a $** million denim plant in August ****, then signed a far bolder, $*** million agreement this February for a yarn-to-garment campus designed to turn out ** million pieces a year and employ *,*** people. Denim specialist DNM followed with its own $** million factory in **th of Ramadan City, and the machinery convoy shows no sign of slowing.
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