Industry Minister Meets China Group on Egypt Factory
The article reports on a meeting between Egyptian Minister of Industry, Engineer Khaled Hisham, and a delegation from the Kingdom Group of China. The discussion focused on the project to establish a flax yarn factory in Egypt’s Sadat City, which is scheduled to commence operations in the first quarter of 2027. The project aims to develop the Egyptian flax industry from seed to final product, increase value-added, and boost exports through the group’s investments and support for local suppliers. The minister emphasized the importance of flax within the ministry’s strategy to increase domestic manufacturing and improve quality. The group’s president expressed their readiness to strengthen cooperation and develop the Egyptian flax industry, contributing to technology transfer, creating job opportunities, and increasing value-added exports.
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