Egypt to establish worlds largest textile factory in Mahalla
Egypts Minister of Manpower and Public Business Sector Hisham Tawfiq announced on Saturday that the ministry is set to establish the worlds largest textile factory, at the al-Shouna area of al-Mahalla al-Kobra in Gharbiya governorate. This comes about as part of a plan to establish four new factories in addition to…
Egytex News Desk
Source: egyptindependent.com
He pointed out that the Agriculture Ministry brought a global initiative to oversee the cultivation of 20,000 acres of cotton, adding that LE21 billion will be pumped to develop the industry.
Tawfiq said that a new cotton gin was installed in Fayoum, expected to be more efficient than the old one.
He also promised that the textile companies will regain their strength from the 1930s, in two and a half years, and shift from loss to profit.
Tawfiq announced back in October 2018 that a comprehensive development plan for the spinning and weaving industry within the ministry’s companies will be implemented over three years.
The plan includes the development of cotton spinning companies through weaving, dyeing and processing, Tawfiq said.
Source: egyptindependent.com
From the Egytex news archive, first published on 16 September 2019. Figures and names are as reported at the time.
