Egypt adopts integrated plan to improve cotton and textile industries: Public business sector minister
Egypts Minister of Public Business Sector Hisham Tawfik said that the government is adopting an integrated plan to improve the cotton and textile industries by benefiting from foreign experience in this regard. During his participation in a symposium held by the Egyptian Businessmen Association in Alexandria on…
Egytex News Desk
Source: english.ahram.org.eg
“Fourteen old cotton gins lands will be used to provide the required financing and to repay all the sectors dues,” according to Tawfik.
The minister added that an export and central marketing unit will be established under the Cotton and Textile Industries Holding Company to market the products of the company.
EGP 700 million will be allocated to train workers and stablish a new technical training center, Tawfik said.
Source: english.ahram.org.eg
From the Egytex news archive, first published on 23 September 2019. Figures and names are as reported at the time.
