January 26, 2025
Industry

Egypt Completes First Phase Of Textile Industry Revitalization Project

Prime Minister Mostafa Madbouly has announced the successful completion of the first phase of Egypt’s large-scale initiative to modernize its textile industry. Key milestones achieved in this phase include the operational launch of facilities like Ghazl 4 and Ghazl 1, the establishment of textile preparation factories, and the construction of power generation infrastructure to support expanded operations.

The project, which spans multiple phases, will now shift its focus to modernizing facilities in El-Mahalla, Kafr El-Dawar, Damietta, Mansoura, Minya, and Helwan. Phase two is expected to be completed by mid-2025, with the entire initiative scheduled for completion by early 2026.

Madbouly highlighted the project’s financial scope, revealing a total investment exceeding EGP 56 billion. Of this, EGP 22 billion has been allocated to infrastructure development, while EGP 640 million has been invested in advanced machinery and equipment. He emphasized the government’s commitment to revitalizing the textile sector as a cornerstone of Egypt’s economy.

Historically, the textile industry contributed nearly 40% of Egypt’s GDP but had declined to just 2.5-3% in recent years. The comprehensive revitalization plan aims to address every stage of the production process, from cotton ginning to fabric finishing. By leveraging Egypt’s renowned cotton, the initiative seeks to maximize domestic production, reduce raw cotton exports, and diminish reliance on imported textiles.

During a televised address from the Misr Spinning and Weaving Company in El-Mahalla El-Kubra, Madbouly praised the progress made, particularly the completion of “Ghazl 4,” now recognized as the world’s largest textile manufacturing facility under one roof. Spanning 62,000 square meters and equipped with 188,000 spindles, the facility represents a major boost in production capacity. Ghazl 1, another key facility, produces 30-35 tons of textiles daily, catering to both domestic demand and export markets.

Madbouly described the initiative as a collaborative national effort and a symbol of Egypt’s industrial potential. The increased production capacity will generate export opportunities, reduce dependency on imports, and position Egypt as a leader in the global textile market.

“This project is about more than just revitalizing an industry—it’s about reclaiming a vital source of national pride,” Madbouly said. He affirmed that the modernization aligns with Egypt’s broader economic development goals and its vision to establish the textile industry as a global benchmark.

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