Egypt plans ways to speed up of project to modernise cotton industry

01 Aug '24

1 min read

Egypt plans ways to speed up of project to modernise cotton industry

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Insights

Egypt's ministers Mohamed Shimi and Alaa El Din Farouk Zaki recently discussed ways to speed up the project to modernise the spinning and weaving industry.
The meeting discussed ensuring a stable cotton supply, improving processing methods, establishing fair prices for farmers and expanding short-staple cotton cultivation to reduce imports.

Egypt’s public business sector minister Mohamed Shimi and minister for agriculture and land demarcation Alaa El Din Farouk Zaki recently convened an official meeting to discuss how to speed up the national project to modernise the spinning and weaving industry.

The project aims at introducing advanced technologies, upgrading equipment and training workers to improve productivity and product quality.

Shimi emphasised the need to maximise the value of domestic cotton by expanding production capacity and raising export of finished products, according to a domestic media outlet.

The meeting discussed ensuring a stable supply of cotton to local mills, improving cotton processing methods, establishing fair prices for farmers and plans to expand short-staple cotton cultivation to reduce imports and save foreign exchange.

Fibre2Fashion News Desk (DS)

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