Industry Talk: Furniture Development and Export Strategy presented by Lamy Riad Makary, CFA, Executive Partner at HLB Egypt-Makary Consulting at Furnex & the Home 2018, the annual international trade fair for furniture in Egypt.
The study was conducted by The Company in cooperation with the chamber of woodworking furniture industry (CWWFI), the Egyptian Furniture Export Council (EFEC) and the Industrial Modernisation Centre (IMC) and was officially launched in the exhibition in presence of senior manufacturers and stakeholders. The study’s key objectives, approach and key findings were emphasized. Mr Lamy Makary stressed that the strategy aims at capitalizing on the competitive advantages of the sector to enable more localization, as well as generation of value added, productive job opportunities and foreign currency. The strategy is complemented by a detailed action plan and specification of indicative investment opportunities in the sector. It is to be implemented by CWWFI, EFEC and IMC.