According to a statement released by Egypt’s General Authority for Investment and Free Zones (GAFI), the new facility is expected to create 4,000 job opportunities.
By: Business Today Staff
Mon, Jul. 14, 2025
Hong Kong-based multinational Crystal Martin Group plans to establish a major textile and ready-made garments manufacturing facility in Egypt under the free zone system, spanning 1.5 million square meters.
According to a statement released by Egypt’s General Authority for Investment and Free Zones (GAFI), the new facility is expected to create 4,000 job opportunities.
The project will localize the company’s advanced technologies and develop an integrated value chain with 60–70% local content.
The announcement came during a meeting between Hossam Heiba, CEO of GAFI, Hani Salam, Chairman of the Export Council for Spinning and Textiles, and Daniel Stockdale, Vice President of Crystal Martin.
Heiba stated that Egypt is well-positioned to become a global hub for garment manufacturing and trade, citing a surge in global textile demand over the past few years and significant improvements in Egypt’s road and port infrastructure, which connect manufacturing zones to international markets at competitive costs.
He added that GAFI has spent the past years studying the models of leading textile-exporting nations and the supply chain needs of major global fashion brands.
As a result, Egypt is expected to become the Mediterranean region’s key hub for garment and textile production within two years.
This shift is supported by the expansion of regional offices for global brands, and the launch of new factories in Minya, New Alamein, 10th of Ramadan City, Sadat City, and the Suez Canal Economic Zone.
Heiba emphasized that Egypt’s manufacturing operations are known for their high efficiency and low costs, making the country an increasingly attractive destination for foreign investors.
Daniel Stockdale, Vice President of Operations at Crystal Martin, announced the company’s plan to relocate a significant portion of its production to Egypt, citing tax and non-tax incentives, streamlined establishment procedures, and the availability of skilled labor.
Production is expected to begin within two years, targeting exports to countries with trade agreements with Egypt, particularly the European Union and the United States.
Stockdale confirmed that the company will apply for Egypt’s "Golden License" to expedite construction and operations.