EGYPT: With the cost of 80 Million Egyptian Pounds, A Factory for Home Furnishing

Currently preparations are underway to establish a factory for dying, setting up, and printing home furnishing with an estimated investment cost of about LE 80 Million.

Mr. Hamada El-Kalyobi, President of the Federation of the Textile Industries and also President of the company, said that the targeted produced energy reached 20 Million annually referring that the entire production will be dedicated to exports. He also pointed that the capacity of the factory during the first phase offered job opportunities for 350 employees, adding that there will be an increase during the second phase to reach 750 employees, ranging from technicians to managerial positions.

Source: El-Alam Al-Youm Newspaper