Egypt is getting ready to launch world's largest textile factory

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Wed, 14 Apr 2021 - 03:38 GMT

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Wed, 14 Apr 2021 - 03:38 GMT

Cabinet meeting on textile on April 13, 2021. Egypt Today

Cabinet meeting on textile on April 13, 2021. Egypt Today

CAIRO – 14 April 2021: Prime Minister Mostafa Madbouli held a meeting Tuesday with ministers of trade and public enterprise to follow up on the construction of a textile factory in Mahala that is meant to be the largest in the world.

 

Minister of Public Enterprise Hisham Tawfik said that the factory - to be inaugurated in March 2022 - spans over 62,000 square meters and that its daily production is estimated at 30 tons.

 

Five trainers will train 130 others who will train the workers as other state-owned are being developed in Cairo, Beheira's Kafr Al Dawar, and other areas in Delta.

 

The prime minster also instructed granting farmers incentives to grow high-quality cotton to the extent that fulfills the needs of local factories.

 

The government is also working on another large textile enterprise. In 2019, the General Authority for Investment and Free Zones (GAFI) concluded the contract for the establishment of the first textile city in the Free Zones System in Minya Governorate.

 

The city will be built on 306 feddans, and a company will be established to manage the city and all parties will have equal shares in it.
 

The project aims to provide more than 17,000 direct jobs, in addition to indirect job opportunities, and targets exporting to overseas markets.

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