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Related Keywords: capital investment of EGP one billion, considering to produce garments, Egyptian market, Indian Classic Fashion, Minister of Industry and Trade, next year, plan to start working on the project, start actual production by the end of next year, Tarek Kabil, working in ready-made clothes sector

Indian Classic Fashion working in the ready-made clothes sector, is considering to produce garments with a capital investment of EGP 1bn in the Egyptian market. The plan is to start working on the project in January 2018 and start actual production by the end of 2018, according to Tarek Kabil, the Minister of Industry and Trade.

This came during Kabil’s meeting with a delegation from Jordan, headed by Sanal Kumar, the chairperson of the company. During the meeting, the projects of the company’s activity in Jordan and the United Arab Emirates (UAE) were demonstrated.

Related Keywords: attract foreign investment, boost exports, implement initiative to restructure, increase localization, increase position of Vietnam, integration process, Minister of Industry and Trade, new generation agreement, Numerous production chains, Opportunities from TPP, put into operation, region and the world, Vietnamese garment sector, Vu Huy Hoang

The Vietnamese garment sector has implemented many initiatives to restructure itself to conform with the integration process, in anticipation of opportunities from the TPP a high quality new-generation agreement signed. According to Minister of Industry and Trade Vu Huy Hoang, the TPP will boost exports, attract more foreign investments and also increase the position of Vietnam in the region and the world.