Home breadcru News breadcru Cotton breadcru Egypt's prez asks govt to assess short-staple cotton cultivation pilot

Egypt's prez asks govt to assess short-staple cotton cultivation pilot

06 Apr '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

In a recent meeting to assess results of an experimental growing of short-staple cotton on reclaimed lands, Egyptian President Abdel Fatah al-Sisi directed the government to prepare a comprehensive assessment of the experience to study the viability of expanding its cultivation in the future. The pilot project took place in New Valley's Sharq Al Owaynat.

The president convened the meeting with Prime Minister Mostafa Madbouli, minister of public enterprise Hisham Tawfik, minister of agriculture and land reclamation Al Sayed al-Qusair.

The attention to short-staple cotton is because of its high demand in the market, which makes growing it locally to fulfill factories' needs essential for reducing imports, and hence, demand on foreign currencies, according to Egyptian news media reports.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!