El-Shimy emphasised that the ministry maintains a policy of full openness and readiness to partner with private enterprises, underlining the importance of government-private sector integration in developing national industry. He highlighted the promising investment opportunities in Egypt’s spinning, weaving, and textile sector, particularly amid ongoing modernisation efforts. The plan also includes implementing an ERP system to improve resource management, operational efficiency, governance, and transparency, alongside rehabilitating and upgrading older factories while preserving the historical legacy of Egypt’s textile industry. Private sector representatives welcomed the scale of the development, expressing strong interest in partnering with the ministry’s affiliated companies. They praised the investment opportunities created by the national project, highlighting its role in localising industry, creating jobs, and strengthening Egypt’s position as a regional hub for spinning, weaving, and ready-made garment manufacturing.

Source: Daily News Egypt January 18, 2026 19:47 UTC