This includes the operationalisation of key facilities like Ghazl 4 and Ghazl 1, as well as additional textile preparation factories and the construction of power generation infrastructure to support operations.
The next phases include expansion of the modernisation efforts to facilities in El-Mahalla, Kafr El-Dawar, Damietta, Mansoura, Minya and Helwan, domestic media outlets reported.
The second phase is scheduled to be completed by mid-2025, with the entire project anticipated to conclude by early 2026, the prime minister said.
The total cost of the project exceeds EGP 56 billion (~$1.1 billion). Of this, EGP 22 billion (~$0.432 billion) has been allocated for infrastructure development, with an additional EGP 640 million (~$12.6 million) invested in cutting-edge machinery and equipment.
The country’s textile industry once contributed nearly 40 per cent of the gross domestic product, but that share had fallen to just 2.5-3 per cent before the current revitalisation efforts began, the prime minister noted.
The revival plan aims at addressing every stage of the production process—from cotton ginning to fabric finishing—ensuring optimal utilisation of domestic cotton and reducing dependency on raw cotton exports.
Ghazl 4, the largest textile manufacturing facility in the world under one roof, hosts 188,000 spindles. Alongside Ghazl 1, it represents a significant leap in production capacity, with the latter alone producing 30-35 tonnes of textiles daily.
ALCHEMPro News Desk (DS)
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