Egypt textile council with Ministerial presence discuss a strategy for Egypt textile sector

Qabeel said that the meeting reviewed the efforts of the ministries of Industry, Agriculture and the Public Business sector in developing an integrated strategy for the textile industries, from cotton growing to the final product, whether ready-made garments or home textiles. He pointed out that there is great coordination between the three ministries to achieve integration among them to ensure the development of this vital industry which is one of the most important strategic industries that receive the attention of the government and the president personally.

The minister pointed out that the meeting also stressed the importance of attracting new investments in the spinning and weaving industry and granting them distinctive investment incentives to maximize the added value of Egyptian cotton and its products. He pointed out in this regard that the ministry has proposed the establishment of 3 textile cities, As well as the introduction of industrial land in the cities of Kafr Dawar and Mahalla with a total area of 255 thousand square meters for the establishment of projects in the field of textile industries.

In this context, the Minister explained that there are 255 textile establishments that obtained industrial licenses last year with a total investment of about 2.3 billion Egyptian pounds and about 51 thousand jobs. He pointed out that the procedures taken by the ministry last year on rationalizing imports have also contributed to the decline in the import of textile products from 768 million dollars in 2016 to reach 200 million dollars by the end of 2017.

As for the actions taken to protect the Egyptian cotton logo, Qabeel explained that the ministry is currently developing the current system of Egyptian cotton through the development of new promotional policies. As well as the establishment of procedures to protect the Egyptian cotton logo and its use on the products 100% Egyptian cotton through the development of a new mechanism based on the use of DNA analysis to track companies and suppliers that offer products bearing the mark of Egyptian cotton.

Dr. Abdel Moneim El Banna, Minister of Agriculture and Land Reclamation pointed out that the ministry launched a national campaign for Egyptian cotton, which included the development of 3 new varieties, which contributed to increase the cultivated areas of cotton. He said that the Ministry of Agriculture is keen to raise the efficiency and productivity, which contributes to meet the needs of the Egyptian industry at reasonable prices

El Banna pointed out that the ministry is in the process of approving the opening of new sources for importing cotton seeds, from two new plants, India and Australia, in addition to the approved sources in the ministry.

Dr. Ashraf Al-Sharkawi, Minister of Public Business Sector, said that the ministry has implemented an integrated plan to develop the ginning system, which follows the Holding Company for Spinning and Weaving, where an international tender has been submitted and procedures have already been laid down on one of the largest Indian companies which has established and developed 60 thousand Cotton gins worldwide, In this context, the development will include 11 Cotton gins associated with cotton growing areas.

Al-Sharqawi pointed out that the ministry has completed preparation of a comprehensive study for the development of spinning factories of the Holding Company for Spinning and Weaving. The tender for the development process will be presented soon. He pointed out that in the next few days Qena Spinning Factory will be inaugurated after being supplied with new machines to be a strong addition to the spinning industry in Egypt.

Source: elbalad.news