EGYPT STATE TEXTILE HOLDING FIRM PLOTS MAJOR SPINNING FACTORY INVESTMENT
July 2nd, 2020
An Egyptian state-owned holding group is to build the world’s largest spinning factory, set to open in 2022, a key part of the country’s drive to modernise its textile and garment industry.
“It will have 182,000 spindles under one roof. Daily capacity will be 30 tonnes of fine yarn from Egyptian cotton, with average thread count 116 and a maximum count of 200,” Dr Ahmed Mostafa, chairman of the Holding Company for Cotton, Spinning, Weaving and Garments, told just-style.
The factory will be located in El-Mahalla El-Kubra, some 80 kilometres north of ...
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