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Egypt industry ministry plans largest textile city

The Ministry of Trade and Industry in Egypt recently announced plans to establish the largest textile and garments city in the country. The city in Sadat City, includes 592 factories. The new city is one of the major projects to be organised in Egypt, according to the latest technologies in the spinning and textile industry, operated by the Chinese company, Ningxia Mankai Investment Company.

Furthermore, the Armed Forces Engineering Authority has completed about 50 per cent of the construction work in the first phase of the city over 600,000 sq m. This includes 150 factories at a total cost of construction work estimated at EGP 2.1bn. The ministry plans to start experimental operation of some factories in the first phase in May, with the completion of all operating work by the end of this year. The project includes three phases and will be developed over four years. The Chinese company has signed initial sales contracts for 48 factories in the first phase for Chinese companies, and is negotiating with more than 60 Chinese investors to sell other factories in the second phase.

 

 
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