The assembly centered on increasing such collaboration to again home manufacturing, elevate value-added manufacturing and increase exports, an announcement from the ministry stated.
The assembly reviewed the status of the project to develop the nation’s spinning and weaving industry, being executed throughout a number of state-owned corporations. These embody Misr Spinning and Weaving in El Mahalla El Kubra, Kafr El Dawar, Shebin El Kom, Damietta, Dakahlia, Helwan, and Upper Egypt Spinning and Weaving in Minya.
Egypt’s Minister of Public Enterprises Mohamed El-Shimy not too long ago met representatives from two textile industry chambers and the Apparel Export Council to talk about methods to strengthen cooperation with companies affiliated to the Holding Company for Cotton, Spinning and Weaving.
The assembly reviewed the status of the project to develop the spinning and weaving industry, being executed throughout state-owned companies.
El-Shimy stated the primary section of the project was efficiently accomplished and operational over a 12 months in the past, whereas work is below approach to finalise and function the second section.
The third section is predicted to be accomplished within the coming months, marking a complete transformation of this strategic sector, in accordance to home media retailers.
The plan additionally contains implementing an enterprise useful resource administration system and upgrading older factories, the minister was cited as saying.
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