As part of its commitment to supporting young people and enabling them to enter the world of entrepreneurship, MGS Industry Group organized the second workshop in its specialized series designed to prepare youth to start their own businesses in the textile sector, with a focus on export opportunities to global markets.
The workshop featured an extensive lecture delivered by Eng. Mahmoud Ghazal, Chairman of MGS Industry Group and a member of the Textile Industries Chamber, entitled: “A Feasibility Study on How to Start a Small Project in the Textile Sector.”
During the lecture, Eng. Ghazal outlined the key technical and financial aspects that must be considered when establishing a new project — starting from selecting the right product, determining the required capital, and understanding the requirements of foreign markets.
In this context, he presented an initial feasibility study for a small factory production line consisting of about 20 machines, with an estimated cost of EGP 1.5 million, as a practical model for ambitious young people to launch their own businesses.
Eng. Ghazal emphasized that “the road to success begins with knowledge, studying opportunities, and taking serious, well-planned steps.” As part of empowering young entrepreneurs, he pledged to support small manufacturers and provide them with productive job opportunities by supplying production work that would help drive their new projects forward.
$2.8 Billion in Ready-Made Garment Exports and a Factory Model for EGP 1.5 Million
During the workshop, a range of key data was presented on the performance of Egypt’s ready-made garments and home textiles sector, highlighting Egypt’s strong position as a major exporter of these products.
Egypt’s ready-made garment exports recorded significant growth in 2024, reaching approximately $2.8 billion — representing a promising opportunity for young people interested in entering this vital sector.
The United States of America is one of the largest importers of Egyptian ready-made garments, underscoring the importance of proper preparation and compliance with global quality and competitiveness standards.
To strengthen the practical side, the group organized a field visit to one of its factories, giving participants the opportunity to see production processes firsthand and learn about the various stages of manufacturing. This helped them connect theoretical content with real-world application.
It is worth noting that the workshop welcomed young people from various governorates as part of the group’s policy to ensure equal opportunities and empower new entrepreneurs from all over Egypt to gain the experience and skills needed to launch into this vital industrial sector.
