Public business sector minister, Handa Enterprise discuss promoting investments in textiles domain

CAIRO - 9 October 2022: Minister of Public Business Sector Engineer Mahmoud Esmat discussed during a meeting with a delegation from Handa Enterprise means of boosting cooperation, along with partnership opportunities with Egypt's Cotton, Spinning, Weaving and Clothing Holding Company in the textiles domain.

 

In a statement issued Sunday, the minister said the meeting reflected the Ministry of Public Business Sector's keenness on promoting partnership with the private sector and opening the door before foreign investments.

 

Esmat said the ministry attaches great importance to upgrading the spinning and weaving sector, especially that Egypt has high competitiveness skills in this regard, in line with the pollical leadership's directives.

 

Handa Enterprise is a Chinese national functional knitted fabric development base.