News
Manufacturing
Oriental Weavers to Invest 33USD Million for Expansion
Oriental Weavers Co., Egypt’s biggest carpets manufacturer, plans to invest 200 million Egyptian pounds (33USD million) on expansion projects this year, Al Borsa reported.
Egytex News Desk
Egytex
The projects include starting the second phase of a production facility in the fourth quarter and increasing by 60 percent the company’s machine-made carpet capacity when completed.
From the Egytex news archive, first published on 13 June 2012. Figures and names are as reported at the time.
