Egypt will enlist private sector companies to manage and operate its state-owned textile factories following the injection of billions of Egyptian pounds into nationwide modernisation projects, Prime Minister Mostafa Madbouly announced on Sunday.
Speaking at a meeting held at the government headquarters in the New Administrative Capital, Madbouly said the decision aims to protect public investments, enhance governance, improve operational performance, and ensure optimal use of state assets. He described the textile industry as a “strategic national sector” and a key pillar of Egypt’s industrial economy.
Major Upgrades Near Completion Across Textile Hubs
Minister of Public Business Sector Mohamed Shimi delivered a comprehensive update on the national textile development programme, highlighting significant progress at multiple factories across the country:
- Misr Spinning and Weaving Company, El Mahalla El Kubra
- Ghazl 6: 95.5% complete
- Dyeing plant: 90% complete
- Misr Spinning and Weaving & Beida Dyers, Kafr El-Dawar
- Overall progress: 79% complete
- Damietta Spinning and Weaving Company
- Spinning factory: 74% complete
- Weaving preparation plant: 92% complete
- Dyeing plant: 82% complete
- Upper Egypt Spinning and Weaving Company, Minya
- Overall progress: 71% complete
Shimi added that development works have already been fully completed at the Shebin El-Kom Spinning and Weaving Company (Ghazl 2), a 25,000-square-metre facility with a daily production capacity of around 10 tonnes of yarn. Upgrades are also complete at the Dakahlia Spinning and Weaving Company.
He further briefed attendees on production metrics, sales performance and inventory levels at Misr Rayon and Polyester Fibre Company and the Misr Cotton Ginning and Export Company, along with operational results from renovated factories in El Mahalla El Kubra.
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Private Partnerships to Support State Goals
The meeting—which included Ahmed Shaker, Executive Managing Director of the Cotton, Spinning, Weaving and Clothing Holding Company, and Rasha Omar, Assistant Minister for Project Development—also reviewed current procedures for setting up private sector partnerships to handle factory management and operations.
Madbouly stressed that the government’s comprehensive programme aims at modernising factories, restructuring systems, and raising production efficiency through the adoption of advanced technologies. These efforts are designed to improve product quality, increase output, sustain employment, and grow export volumes.
By turning to private sector expertise, Egypt hopes to ensure that its extensive industrial upgrades translate into stronger performance, greater competitiveness, and long-term sectoral sustainability.
