MENA REGION IS A RICH MARKET
MENA region’s geographic position and its abundant natural resources have given it immense strategic importance which made it on the Global Manufacturing Competitive Index (GMCI), affirming the region’s forecasted growth as an emerging economy offers superior long-term growth prospects compared with other emerging markets and mature market players ranking it as the Must-Enter market.
MENA region has one of the highest overall purchasing powers, thanks to its rapid growth in population of more than 1.3 billion people, with over than one third of them between 15 and 24 years old.
MENA’s paper industry is at its beginning stages and trying to uplift its productivity , with key players investing in upgrading facilities, developing technologies and capturing market share.
Egypt – The Regional Paper Business Center
Egypt’s central location in the north east corner of Africa, between the major three continents of the world Africa, Asia and Europe provides an excellent access point to their markets for any investor who wishes to tap this region. With both the MENA region an Africa, Egypt acts as a bridge between East and West, North and South which qualify Egypt to be the perfect location for placing a regional office that covers the entire area.
Egyptian market for paper, tissue, paperboard and pulp is expected to grow at an annual rate of 10% over the next three years . Egypt ‘s paper market covers 78% of demand from imports and only 22% from domestic sources, what makes Egypt its self a very promising market with booming capabilities.
Egypt population is over 100 million people, mostly young consumers with a growth rate of 1.9% yearly.
MENA region & Egypt are ready for business as never before and seek professional support to improve their capabilities and raise the living standards of their population.