Egypt’s public business sector minister Mahmoud Esmat discussed investment and partnership opportunities in Egypt’s textile industry with a delegation from Chinese knitted fabric development base Handa Enterprise in a recent meeting.
Esmat stated that the meeting pointed towards the eagerness of Egypt’s ministry of public business sector when it came to allowing foreign investments and supporting public-private partnerships with Egypt’s cotton, spinning, weaving, and clothing companies, according to Egypt’s State Information Service.
Minister Mahmoud Esmat discussed investment and partnership opportunities in Egypt's textile industry with a delegation from China's Handa Enterprise in a recent meeting. Esmat stated that the meeting pointed towards the eagerness of Egypt's public business sector ministry when it came to supporting foreign investments and public-private partnerships.
“The ministry attaches great importance to upgrading the spinning and weaving sector, especially since Egypt has highly competitive skills in this regard, in line with the political leadership’s directives,” added Esmat.
Fibre2Fashion News Desk (NB)
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