"Textile manufacturers migrated to Egypt, 90 thousand people lost their jobs", 24 July 2024

Textile companies that did not like the conditions in Turkey had started to move to Egypt in recent years. While complaints about the exchange rate increased, the move accelerated, and in the last year, 130 Turkish companies started production in Egypt and approximately 90 thousand employees in Turkey became unemployed.

In recent years, due to changes in exchange rates and inflation, the migration of textile manufacturers to Egypt, which has cheaper labor and different export opportunities, has accelerated....exporters...have accelerated their move to Egypt, where worker wages are approximately one-fourth of Turkey's.

On the other hand, since Egypt’s conditions and agreements for export are different from Turkey, textile manufacturers in particular are flocking to the country.

...ÖZ İplik İş Union President Rafi Ay announced that textile manufacturers who did not like the production conditions in Turkey moved their factories to Egypt, and this number reached 130 in the last year. 90 thousand workers in Turkey from 130 companies that went to Egypt from Turkey became unemployed in the last year.

Ay stated that factory migration will not end and will even increase without improvement in production conditions and worker rights. Ay said that there will be no savings in workers’ salaries, and also emphasized that an interim increase in the minimum wage is inevitable...

Ay stated that salaried workers are going through difficult times due to economic difficulties in the country, and that workers are struggling with “making ends meet and sheltering” problems similar to those of 100 years ago...

[Translation via Google Translate]