Egypt plans to establish two integrated textile cities

The Egyptian Government has announced plans to establish two integrated textile cities in Upper Egypt. One will be located in the Minya’s Wadi El-Saririya area and the other in the northern industrial zone of Fayoum. Each city will cover an area of 5.5 million square meters, making a total of 11 million square meters.

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir unveiled the initiative at a press conference.

The two cities are expected to attract US$3.5 billion in local and foreign investment and create 400,000 direct and indirect jobs. This is reported by Daily News Egypt, a partner of TV BRICS.

Al-Wazir said the government plans to increase Egypt's textile and clothing exports from US$2.8 billion to US$11.5 billion over the next five years, positioning the sector as a key driver of industrial growth.