Egypt to launch 2 integrated textile cities, eyes $3.5 bn investment
Egypt will develop two integrated textile cities in Minya and Fayyoum, each spanning 5.5 million square metres, to attract $3.5 billion in investment and boost textile exports to $11.5 billion by 2030. The cities will cover the entire textile value chain and include training, logistics, and R&D facilities. Aligned with Egypt Vision 2030, the project aims to expand industrial GDP share and create jobs.
Egypt will develop two integrated textile cities in Minya and Fayyoum, each spanning 5.5 million square metres, to attract $3.5 billion in investment and boost textile exports to $11.5 billion by 2030.
The cities will cover the entire textile value chain and include training, logistics, and R&D facilities.
Aligned with Egypt Vision 2030, the project aims to expand industrial GDP share and create jobs.
