الأربعاء, سبتمبر 23, 2026
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An integrated strategy involving all the productive sectors to double exports

Mr. Rashid Mohamed Rashid ( Minister of Trade & Industry ) confirmed that the government starts in implementing the national strategy that has been adopted from the prime minister Mr. Ahmed Nazif after it was submitted by the export council who present their plan for the next 4 years ending by year 2013.which concentrates on increasing the Egyptian exports from 90 billion pounds this year to 200 billion pounds during the next 4 years.

Mr. .Rashid said that this strategy will contribute in increasing the national income, increasing the production and achieving high growth rates which will ensure the competition between the Egyptian and foreigners products

He also said that we are in need of about 1000 new producers in the next four years because after achieving the first stage, we will reach 40 billion dollars of total exports which represents one third of Turkey's total exports number, but we are aiming to reach our main goal which is building an export base that enable us to deal with the foreign markets because it will be easily after that to implement the plans as we have the modern components to modify the exports volume.

And Below there is a table that clarify the development of production sectors (value in billion dollars).

Sector

2005

2009

2013

Ready-Made Garments

3,3

7,4

15,9

Home Textiles

2,6

3,1

4,5

Spinning & Weaving

2,1

2,8

4,8

Constructions

6

9

15

Building Materials

12,2

22,1

37,4

Chemicals & Fertilizers

7

18,6

41,7

Engineering & Electronics

5

10,6

37,6

Food Industries

4

10,8

20,2

Furniture

0,6

1,7

4

Agriculture

4,8

11,8

17,5

Leather products

0,5

0,8

2

Pharmaceuticals & Vaccines

0.9

1,7

6,1

Printing

0,5

1,2

3

Total

44,2

92,6

200

Source: foreign trade data.

Finally Mr. Rashid asked the business men to invest the chance confirming that this national project will work on promoting the exports and will guarantee our coexistence in the foreign markets.

Source: AL AKhbar Newspaper

From the Egytex news archive, first published on 10 February 2010. Figures and names are as reported at the time.

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