Egypt aims to be textile industry hub by 2025
Egypts Ministry of the Public Business Sector has launched a new strategy to restructure all textile companies under the Cotton and Textile Industries Holding Company with the aim of restoring the Egyptian textile industry locally and globally.
The strategy involves a plan to reduce the companiesí losses and increase profits with a total investment cost of EGP 21 billion.
The strategy will be fully implemented by 2022.
Last Update 2019-09-25