Rise of the Pharaohs of Industry: Egypt Unveils Global Manufacturing Powerhouse

The government factory, which will rely on local manufacturing and export to the Egyptian and foreign markets, will be built on an area of ​​​​more than 62 thousand square meters, and its production capacity will reach 30 tons of yarn per day, and will contribute to providing yarn worth a billion dollars annually, which will be imported from abroad.

The work of developing textile industry projects at the Spinning Holding Company in the city of Ghazl El Mahalla contributes to stopping annual losses of textile factories, amounting to about 2.5 billion pounds.

The Spinning Holding Company plans to export about $2 billion annually, which can be increased over time.

Engineer Mohamed Shimi, Minister of the Business Sector, confirmed that the Mahalla Spinning Company is one of the largest industrial castles in Egypt, and occupies a large part of the national project to develop the textile industry.

The development of the textile industry comes within the framework of the directives of President Abdel Fattah El-Sisi to advance this industry, and the continuous follow-up by Prime Minister Dr. Mostafa Madbouly.

Al-Nasr Spinning, Weaving and Tricot Company – Shorbaji – affiliated with the Holding Company for Cotton, Spinning, Weaving and Clothing at the Ministry of Public Business Sector, is the company that used to manufacture the best waterproof gabardine and Lino, from which the finest types of famous castor that were exported to all parts of the world were made.

The company was one of the oldest and most prestigious companies working in the field of spinning, weaving, and ready-made clothing, as it was founded in 1947, but the conditions of its factory in the Imbaba area in Giza deteriorated, and most of the production lines stopped, and its workers objected last August to the company’s conditions and asked for the company’s trade union committee to return to work to facilitate access to… Members received their dues, and lifted the suspension on the union’s bank account that was suspended by the General Union. The workers also demanded equality with the Helwan Complex workers in the annual grant. Where Helwan Complex workers receive 6 and a half months; While Al-Shorbagy’s workers receive only five months’ wages.

The places where Castor was sold in 1973 were the Manufactures Sales Company, Sidnawi, and Omar Effendi, all of which were government companies affiliated with the public business sector. There were Castor robes next to Castor pajamas, and the Egyptians used to spend a share of these pajamas on ration cards, along with oil, sugar, tea, and foodstuffs. Others were among the ration card items.

Source: Cairo 24

#Egypt #preparing #open #largest #factory #kind #world
2024-10-08 07:35:09

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