{"id":62491,"date":"2025-07-09T13:39:59","date_gmt":"2025-07-09T10:39:59","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=62491"},"modified":"2025-07-09T13:40:07","modified_gmt":"2025-07-09T10:40:07","slug":"kcg-textile-raises-its-target-in-egypt-with-an-additional-investment-of-24-million-dollars","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/kcg-textile-raises-its-target-in-egypt-with-an-additional-investment-of-24-million-dollars\/","title":{"rendered":"KCG Textile raises its target in Egypt with an additional investment of 24 million dollars"},"content":{"rendered":"\n<p>Founded in 2007 and started to operate in Egypt in 2008 in the field of home textiles, KCG Textile laid the foundation of its new factory in 10th of Ramadan Industrial Zone. The <a href=\"https:\/\/kcgtextile.com\" target=\"_blank\" rel=\"noreferrer noopener\">company<\/a>, which is under the umbrella of K\u00fc\u00e7\u00fck\u00e7al\u0131k Group, is expected to provide employment for 2,300 Egyptians in total by adding 500 more people to the current employment of 1800 people with its additional <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">investment<\/a> of 24 million dollars in October this year.\u00a0<\/p>\n\n\n\n<p>The groundbreaking ceremony was attended by the owner of the company Y\u0131lmaz K\u00fc\u00e7\u00fck\u00e7al\u0131k and senior officials of the company, as well as Egyptian Minister of Trade and Investment Hassan el-Hatib, The Egyptian General Authority for Investment and Free Zones (GAFI) President Husam Heyba and Turkish Ambassador to Cairo Salih Mutlu \u015een.&nbsp;<\/p>\n\n\n\n<p>KCG Textile, which produces for well-known international brands operating in Egypt and also exports to foreign markets and currently has an investment of 65 million dollars, aims to reach 100 million dollars in annual exports with its new investment.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-turkish-companies-stand-out-in-quality-production-in-egypt-nbsp\"><strong>\u201cTurkish companies stand out in quality production in Egypt\u201d<\/strong>&nbsp;<\/h2>\n\n\n\n<p>In his speech at the ceremony, Ambassador \u015een stated that they welcome the expansion of Turkish investments in Egypt and their growth in Egypt based on a win-win approach.&nbsp;<\/p>\n\n\n\n<p>He expressed that the geographical, cultural and social proximity of T\u00fcrkiye and Egypt, the intertwining and efficiency of transportation and communication networks, as well as the interest and friendship shown towards Turkish investors in Egypt make Egypt a natural and main destination for Turkish investments, saying that Turkish investments and bilateral trade will continue to grow and develop and that this is inevitable.&nbsp;<\/p>\n\n\n\n<p>\u015een pointed out that the free trade agreements, transportation networks and infrastructure between T\u00fcrkiye and Egypt mean that T\u00fcrkiye will continue to be among the top three countries in Egypt&#8217;s foreign trade in the future.&nbsp;<\/p>\n\n\n\n<p>Stating that the people of both countries and all peoples in the region need development and employment along with regional peace, security and stability, he emphasized that economic cooperation is a priority in T\u00fcrkiye&#8217;s approach towards Egypt.&nbsp;<\/p>\n\n\n\n<p>Egyptian Minister of Trade and Investment Hassan al-Hatib emphasized that Turkish companies stand out in quality production in Egypt.&nbsp;<\/p>\n\n\n\n<p>The portfolio of Turkish KCG Textile, which has been continuing its investments in Egypt since 2007 on an area of 200 thousand square meters, includes home textile products such as curtains, bedding, decorative pillowcases, tablecloths, upholstery fabrics, shower curtains and garment fabrics.&nbsp;<\/p>\n\n\n\n<p>In addition to T\u00fcrkiye and Egypt, the company has sales offices in the US, the UK and China, as well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 2007 and started to operate in Egypt in 2008 in the field of home textiles, KCG Textile laid the foundation of its new factory in 10th of Ramadan Industrial Zone. The company, which is under the umbrella of K\u00fc\u00e7\u00fck\u00e7al\u0131k Group, is expected to provide employment for 2,300 Egyptians in total by adding 500 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":62489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[10137,10775,10369,12450],"class_list":{"0":"post-62491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-investment","9":"tag-textile-investment","10":"tag-textile-news-en","11":"tag-topical"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KCG Textile raises its target in Egypt with an additional investment of 24 million dollars - Textilegence<\/title>\n<meta name=\"description\" content=\"Founded in 2007 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The platform provides news, articles, and updates on various aspects of the textile industry, including sustainability, technological advancements, and market trends.","email":"editor@textilegence.com","telephone":"+90 212 442 24 12","legalName":"Textilegence Mag and Digital Platform","foundingDate":"2013-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.textilegence.com\/en\/#\/schema\/person\/1c3977109f8a6e1e2b95678836d75cb7","name":"Fatih Cengiarslan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/fatih-cengiarslan.jpg","url":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/fatih-cengiarslan.jpg","contentUrl":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/fatih-cengiarslan.jpg","caption":"Fatih Cengiarslan"},"description":"Fatih Cengiarslan; Akademik \u0130ngilizce e\u011fitimini Bat\u0131 Avustralya \u00dcniversitesi\u2019nde tamamlad\u0131ktan sonra T\u00fcrkiye\u2019ye d\u00f6nerek \u0130stanbul Ayd\u0131n \u00dcniversitesi\u2019nde \u0130nternet Gazetecili\u011fi ve Yay\u0131nc\u0131l\u0131k b\u00f6l\u00fcm\u00fcn\u00fc bitirip, Litvanya \u2013 Kaunas Teknoloji \u00dcniversitesi\u2019nde interaktif media \u00fczerine 8 ayl\u0131k e\u011fitim ald\u0131. Daha sonra Eski\u015fehir Anadolu \u00dcniversitesi girerek \u0130\u015fletme Fak\u00fcltesini ba\u015far\u0131yla tamamlad\u0131. CNNTURK\u2019 kanal\u0131nda staj\u0131n\u0131 tamamlad\u0131ktan sonra Referans Gazetesi\u2019nde \u00e7al\u0131\u015fmaya ba\u015flad\u0131. 2 y\u0131l sonra Textilegence markas\u0131yla tekstil end\u00fcstrisine y\u00f6nelik kendi medyas\u0131n\u0131 kurdu. \u015eu anda Textilegence.com, Printing3D ve NEFA PR Ajans\u0131\u2019n\u0131n 12 y\u0131ld\u0131r y\u00f6netimini yapmaktad\u0131r.","sameAs":["https:\/\/www.textilegence.com","https:\/\/www.facebook.com\/TextilegenceMagazine","https:\/\/www.instagram.com\/textilegence\/","https:\/\/www.linkedin.com\/in\/fatih-cengiarslan-32352265\/","https:\/\/x.com\/https:\/\/twitter.com\/textilegence"],"url":"https:\/\/www.textilegence.com\/en\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts\/62491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/comments?post=62491"}],"version-history":[{"count":0,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts\/62491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/media\/62489"}],"wp:attachment":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/media?parent=62491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/categories?post=62491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/tags?post=62491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}