September 24, 2022
  • September 24, 2022

President El-Sisi wants to develop the Egyptian textile industry

By on August 4, 2022 0

President Abdel Fattah Al-Sisi expressed his support for the promotion of the Egyptian textile and ready-to-wear industry during a recent meeting with his ministers. The country’s Minister of Public Enterprises, Hisham Tawfik, also assessed their plans to establish the world’s largest spinning factory in the city of Mahalla. The factory will be inaugurated in 2023 and will cover an area of ​​62,000 m².

President Abdel Fattah Al-Sisi expressed his support for the promotion of the Egyptian textile and ready-to-wear industry during a recent meeting with his ministers. The country’s Minister of Public Enterprises, Hisham Tawfik, also assessed their plans to establish the world’s largest spinning factory in the city of Mahalla, which will be inaugurated in 2023.

The Mahalla factory will be equipped with the latest industrial machinery similar to what major international companies use and process different types of cotton, especially long and extra long staple cotton. It aims to leverage Egypt’s competitive advantage in global cotton production due to its high quality and demand in international markets.

President Abdel Fattah Al-Sisi expressed his support for the promotion of the Egyptian textile and ready-to-wear industry during a recent meeting with his ministers. The country’s Minister of Public Enterprises, Hisham Tawfik, also assessed their plans to establish the world’s largest spinning factory in the city of Mahalla, which will be inaugurated in 2023.

During the meeting, Tawfik mentioned in detail a company formed by his ministry which was set up specifically for the marketing, sales and supply chain management of Egyptian textile products. President Al-Sissi also examined samples of luxury cotton textiles that were presented to him and that the company was marketing.

President Abdel Fattah Al-Sisi expressed his support for the promotion of the Egyptian textile and ready-to-wear industry during a recent meeting with his ministers. The country’s Minister of Public Enterprises, Hisham Tawfik, also assessed their plans to establish the world’s largest spinning factory in the city of Mahalla, which will be inaugurated in 2023.

During the meeting, discussions were also held on the implementation of a tender system for Egyptian cotton in collaboration with the Egyptian Commodity Exchange.

Fibre2Fashion News Office (NB)