Manufacturing Egypt set to begin pilot operations of world’s ‘largest’ spinning mill By Pramod Kumar August 29, 2022, 6:18 AM Creative Commons The new factory is part of a comprehensive plan to upgrade the public sector spinning and weaving industry at a total cost of EGP 25 billion Egypt will start the pilot operation of a new spinning factory, dubbed “the world’s largest factory” by the government, in 2023, Ahram online news website reported, citing a statement by the Ministry of Public Business Sector. The factory, owned by the state-owned Masr Spinning and Weaving Company, is constructed over 64,000 square metres in the Nile Delta’s El-Mahalla city. The factory has around 185,000 spinning mills and a planned daily production capacity of 30 tons of fine-spun yarn and 25 tons of thick spun yarn. Although the inauguration was planned for March 2022, the date was pushed back due to the repercussions of COVID-19 and spillovers from the war in Ukraine. The new factory is part of a comprehensive plan already set into action by the Egyptian government to upgrade the public sector spinning and weaving industry at a total cost of EGP 25 billion ($1.28 billion), the news report said. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
