Do you want to save your cost of manufacturing while maintaining the same level of quality?
As an a example, if you produce a shirt in Egypt, you would save up to 60-70% instead of producing on European grounds … The basic idea here would be to produce in Egypt and then export to Europe. The result? Same quality, low costs. This way you can ensure a bigger profit margin while having the same high standards.
Key advantages of doing business in Egypt:
- Cheapest and skillful labor (average labor cost =100 Euro per month)
- Cheapest electricity (cost of electricity in Egypt is 1/3 of what is p[aid in Europe)
- Cheapest energy cost in the world
- Best trade agreement with many countries like (USA, Arab countries, Turkey, Africa, etc.)
- Best weather throughout the year.
- Highest profit margins (20-30% or even more)
- Lowest tax rate (20% on profit)
- Strategic location in the world
