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Upgrading textile sector is number one priority, minister

Saturday 22 September 2018 01:18 PM

minister of state-owned enterprises Hesham Tawfiq
minister of state-owned enterprises Hesham Tawfiq



Al Mal:
As a complement to previous meetings over development of cotton growing and textile industry, especially for companies affiliated to the ministry of state-owned enterprises, minister of state-owned enterprises Hesham Tawfiq met with minister of trade and industry Amr Nassar and minister of agriculture Ezz El Din Abu Stait.
The meeting addressed the main challenges facing textile industry and solutions proposed to overcome them as well as technological alternatives for fumigations at the gins of Cotton & Textile Industries Holding Company.
Tawfiq said that comprehensive reform of the textile sector is a top priority in upgrade and restructure plan of companies affiliated to his ministry, adding that development process aims at raising value-added of the Egyptian cotton of excellent international reputation.
The meeting also discussed the situation of factories owned by subsidiaries of Cotton & Textile Industries Holding Company whether those producing yarns or those reaching textile and ready-made garments stage.




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