Egypt is preparing to announce the establishment of the largest spinning and weaving factory in the world in Mahalla al-Kubra, at a cost of about LE900 million. It is scheduled to be completed by the end of this year, after construction work was delayed as a result of the coronavirus pandemic. According to the Holding Company for Cotton, Spinning, Weaving, and Clothes, this factory will be the largest in the world and will contribute to a major shift for this industry in Egypt. The factory marks the first step forward towards the development and modernization of the textile industry, through the government’s plan to develop it at a cost of more than LE21 billion over two years. The plan in
Hence then, the article about egypt plans world s largest spinning and weaving factory at le900 mln was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Egypt plans world’s largest spinning and weaving factory at LE900 mln )