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Ahram Online: Most of Egypt's idle factories closed for operational reasons

Minister of Manpower Mohamed Saafan said that 186 factories had been registered as part of a plan to reactivate closed factories.
18.09.17 | Interesting article at Ahram Online

Egypt's Minister of Industry and Trade Tarek Kabil said on Sunday that most of the country's idle factories were closed for operational reasons that had nothing to do with the ministry.
Kabil made the comments during a press conference to announce Egypt's hosting of the Fourth Industrial Revolution Conference, which is to be held at the end of 2017.

In 2013, former minister of manpower Kamal Abu-Eita said an estimated 4,500 factories in Egypt were standing idle. The figures provided by Abu-Eita were based on a survey conducted by independent NGO the Centre for Trade Union and Workers Services (CTUWS).

In recent years, particularly following the 25 January uprising in 2011, large numbers of factories closed due to a lack of financial resources, with the state launching several attempts at reopening them since 2013.